A month after Donald Trump’s victory in the U.S. elections, Bitcoin (BTC) has reached the anticipated $100,000 mark, briefly touching $103,000. The crypto community is celebrating this ‘Early Christmas,’ and industry veterans have shared their insights. Coinbase CEO Brian Armstrong highlighted Bitcoin’s remarkable performance over the past decade, calling it the best-performing asset of the last 12 years.
He urged governments to create a Bitcoin strategic reserve, especially for hedging against inflation. Jay Jacobs, BlackRock’s U.S. head of thematic and active ETFs, emphasized the growing institutional interest. He noted that BlackRock’s Bitcoin ETF (IBIT) has grown to over $45 billion since its launch in January, with $4.1 billion added in the past month alone.
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