this tops Facebook’s record single-day gain from a few weeks ago. kind of amazing that these kinds of surges are happening with interest rates still at 5%.

one thing i can’t stop thinking about is when might Bitcoin take over all the leaders on this chart?

a $250B gain for bitcoin in one day is a 25% jump today, so certainly not an everyday occurrence but not impossible to imagine.

when bitcoin is at $100k, a $250b single-day gain will only require a 12.5% jump.