Bitcoin Rallies Above $100K, Marking Gains Of 3.33 Billion Since 2010

BTC pushed above $100,000 for the first time late Wednesday night, tagging an all-time high of nearly $103,700, according to CoinGecko. Bitcoin has since retraced by 0.5%, last changing hands for $102,960 at an almost $2.04 trillion market cap. Bitcoin now ranks as the seventh-largest asset in the world above Saudi Aramco with $1.79 trillion and just shy of Alphabet (Google) with $2.14 trillion. The momentum has pushed the value of a single Satoshi — the smallest divisible unit of a Bitcoin — above $0.001. With Bitcoin first priced at roughly $0.03 on May 22, 2010, when Laszlo Hanyecz, a software developer and early Bitcoin adopter, purchased two pizzas for 10,000 BTC, the price of Bitcoin has risen more than 3.33 billion times to date. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io