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Bitcoin Is on the Cusp of Creating History

Crypto with Lorenzo
4 min readNov 22, 2024

Crushing the shoulders of giants, and melting faces, one price target at a time.

Image by Phongphan at Shutterstock

Once deemed unthinkable by most people, #Bitcoin is about to pull off some astonishing feats.

We’re now less than $2,500 away from $100,000. Strap yourselves in for even wilder rides in the coming months. Many altcoins are just getting started.

Here’s a list of some of the most significant records it is about to break or has recently broken:

— It overtook silver last month

— It’s within $120 billion of overtaking Alphabet (Google), which has been around twice as long as the flagship cryptocurrency.

— It only needs an extra $56 billion to its circulating market cap to become the seventh asset in the world to reach a $2 trillion valuation. It would be the fastest investment (out of all assets and companies) to do so.

Bitcoin’s hash rate — a key measure of network security — continues setting new highs.

Looking at the bigger picture, this is what Bitcoin needs to do to take its success to the

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Crypto with Lorenzo
Crypto with Lorenzo

Written by Crypto with Lorenzo

Aussie crypto enthusiast. Nothing here is financial advice + DYOR. I will never contact you first, and beware of unsolicited communication. On X & Bluesky.

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