EXCLUSIVE: Bitcoin Crossing $100,000 Is A ‘Defining Moment,’ Experts Say
Bitcoin‘s (CRYPTO: BTC) historic surge past $100,000 has sparked varied reactions from industry leaders, who point out its transformative potential among looming economic uncertainties.
Speaking with Benzinga, experts emphasize the milestone’s significance for decentralized finance, institutional adoption and the evolving global financial ecosystem while urging caution amid market volatility.
Bitcoin surged past the $100,000 milestone on Thursday morning, peaking at $103,679 before stabilizing at $102,450, according to CoinGecko data.
With its new all time high, Bitcoin is now the world’s 10th largest currency, only to trail Canadian and Hong Kong dollars.
Bitcoin’s has triggered varied responses from industry leaders, reflecting on the implications for the cryptocurrency’s future, the broader decentralized finance (DeFi) ecosystem, and its interplay with traditional financial markets.
James Toledano, COO of Unity Wallet, described the achievement as a “defining moment” for Bitcoin and the entire DeFi ecosystem.
“At this record-high price point, it signals growing mainstream acceptance and the culmination of over a decade of innovation,” Toledano told Benzinga.
However, he cautioned against viewing $100K as a stable price floor, citing Bitcoin’s history of volatility. “Corrections always come. For new …
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