Cryptocurrencies
Crypto Faithful Crank Out Memes to Herald Bitcoin’s Return to $50,000
- Crypto celebrates long-awaited rebound on social media
- Memes focus on vindication after multiple industry setbacks
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It’s no secret that the digital-asset market loves memes. And that was more than evident on Monday, when the crypto faithful took it upon themselves en masse to announce that Bitcoin reached $50,000 for the first time in more than two years.
After a “crypto winter” that had skeptics questioning the long-term viability of digital assets, many Bitcoin advocates took to the X social-media platform to claim vindication.