Bitcoin flirts with hitting $100,000

At the time of writing, the cryptocurrency is flirting with the exciting but completely arbitrary price milestone of $100,000 per bitcoin.

As the original cryptocurrency, bitcoin has never not been the top dog in the Wild West of crypto. However, as altcoins and NFTs gained traction in the pandemic, many predicted that bitcoin may have squandered its first-mover advantage — but bitcoin’s comeback has been swift. Indeed, even with altcoins like ethereum and meme coins such as dogecoin, shiba inu, and pepe rallying in recent weeks and months, bitcoin’s dominance is once again unquestionable. At the latest count, bitcoin currently accounts for more than 60% of the value of all crypto assets globally.

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