Message from the CEO of Bitcoin: 100 Thousand Dollars Exceeded, Don't Stand By - Coin Bulletin

Mike Novogratz stated that Bitcoin reaching $100,000 is evidence of the adoption and growth of the crypto ecosystem, emphasizing that this development is a significant turning point in Bitcoin's history.

Galaxy Digital CEO Mike Novogratz emphasized the importance of Bitcoin reaching $100,000, saying, 'This is proof of adoption, belief, and a community that is taking this revolution from zero to hundreds'.

Novogratz noted that digital assets are attracting more attention among the younger generation, "Young people are much more interested in cryptocurrencies than older people. And we are about to witness the largest wealth transfer in the history of the planet" he added.

Novogratz, the leader of cryptocurrency, has repeatedly predicted that it could reach six-digit prices in 2024.

Bitcoin's market value, surpassing $2 trillion for the first time, accounts for 52.7% of the entire crypto market. The crypto leader is now very close to surpassing Google's parent company Alphabet in terms of market value.

Bitcoin surpassed the $100,000 level after US Federal Reserve Chairman Jerome Powell recognized Bitcoin as digital gold. Powell also added that Bitcoin is not a competitor to the US dollar.

In addition, enthusiasm in the sector increased following the nomination of crypto-friendly libertarian Paul Atkins as chairman of the U.S. Securities and Exchange Commission.

Regarding the nomination, Novogratz said, "Another crypto-friendly has taken its place at the table. The bull market momentum for the sector is increasing," he said. According to data from CoinGecko, Bitcoin is currently trading at $102,514 and has risen as high as $103,679 earlier today.