Crypto Twitter celebrates vacation joy with a new all-time high for Bitcoin (BTC) and culminates in an enormous year for the digital asset.
The price of Bitcoin hit a high of $ 24,661.76 on Bitstamp, beating the previous record last week. The altcoin market also rallied, with Ethereum (ETH), Litecoin (LTC) and XRP seeing impressive gains.
Bitcoin’s biggest proponents took to Twitter to celebrate the new milestone and to remind their followers to keep waiting as the new year approaches.. Twin co-founders Cameron and Tyler Winklevoss have expressed some enthusiasm:
Merry Christmas! Santa Claus left $ 24.5,000 #Bitcoin under the tree pic.twitter.com/n4Ad19rE2v
– Cameron Winklevoss (@cameron) December 25, 2020
“Merry Christmas! Santa Claus left us $ 24,500 for #Bitcoin under the tree.”
Merry Christmas! No coal this year #Bitcoin 24.5k instead ☺️ Ho ho ho!
– Tyler Winklevoss (@tyler) December 25, 2020
“Merry Christmas! No coal this year, $ 24,500 for #Bitcoin instead ☺️ Jo ho ho.”
Bitcoin’s historic surge gives Morgan Creek Asset Management’s Anthony Pompliano extra energy for Christmas Day:
Bitcoin, which hits a new all-time hit on Christmas Day, is the energy I’m here for.
– Pomp (@APompliano) December 25, 2020
“Bitcoin hits a new all-time high on Christmas Day, it’s the energy I’m here for.”
Bitcoin and Black America tweeted the new high in digital assets, saying, “Merry Christmas, you disgusting animals.”
Merry Christmas you filthy animals pic.twitter.com/MrakJYZD5J
– Bitcoin and Black America (@bitcoinzay) December 25, 2020
Mike Novogratz, CEO of Galaxy Digital He also celebrated Christmas by admiring a shining moon, which is a direct reference to the meteoric rise of Bitcoin.
Favorite present. The moon. pic.twitter.com/ljNbSVU5h0
– Mike Novogratz (@novogratz) December 25, 2020
“Favorite present. The moon.”
Crypto data analytics firm Bloqport celebrated Christmas with a GIF of Michael Saylor raising a glass for Bitcoin:
#Bitcoin All-time highs smashed. Merry Christmas! pic.twitter.com/dgK3vWr76n
– Bloqport (@Bloqport) December 25, 2020
“#Bitcoin breaks all-time highs. Merry Christmas!”
Robert Breedlove, author of Thank god for bitcoinhad a more serious message to deliver to the church at Christmas:
#Bitcoin Incentives for patience and reflection.
The fiat currency leads to hasty and misguided investments to outperform inflation.
What world would you like to live in: one where capital is patiently and thoughtfully allocated, or one where it is allocated feverishly and manically?
– Robert Breedlove (@ Breedlove22) December 25, 2020
“#Bitcoin encourages patience and reflection.
The fiat currency leads to hasty and misguided investments to beat inflation.
What world would you like to live in: one where capital is allocated with patience and consideration, or one where it is allocated feverishly and manically? “
Su Zhu of Three Arrows Capital also reminded the forks to keep holding:
Hodl ho ho
Happy Holidays everyone!
– Su Zhu (@zhusu) December 25, 2020
“Hodl Jo Jo
Happy Holidays everyone! “
The YouTubers Crypto Daily commented on Bitcoin as “recovering from an illiquid vacation,” which is evidence of the digital currency’s upside potential. “$ 100,000 is now FUD,” he said.
#Bitcoin Rally during an illiquid holiday. $ 100k is now FUD.
– Crypto Daily (@Crypto_Daily) December 25, 2020
2020 will be a milestone for Bitcoin. While many institutions have been claiming “institutions are coming” for years, this year they finally delivered those revelations.