Markets Daily

Bitcoin Bulls Take Victory Lap After $100,000 Milestone

Summers Calls Idea of a National Bitcoin Reserve 'Crazy'
Lock
This article is for subscribers only.

The digital-asset industry tends to attract people who can look at the wreckage of breathtaking corporate fraud and a slew of bankruptcies and declare: “It’s time to build.”

So it was no surprise that on the day Bitcoin crossed $100,000 for the first time, industry rhetoric reflected unshakeable optimism.