Bitcoin News Today: Bitcoin Surpasses $117K as Strategic Asset Debate Gains Global Momentum

Fifteen years ago, on August 7, 2010, Satoshi Nakamoto posted a seemingly offhand remark on a Bitcoin forum: “The utility of the exchange made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be net waste.” At the time, Bitcoin traded for just $0.07, with mining accessible to anyone with a desktop computer. Fast forward to 2025, and Bitcoin has surged to nearly $117,000, with the broader crypto market reaching a valuation of $2.3 trillion [1].

The original concern over Bitcoin’s energy use has shifted from a niche debate to a globally significant issue. What once seemed absurd—Bitcoin as a strategic asset—is now under serious consideration. Reports suggest the United States is compiling a Strategic Bitcoin Reserve, a concept that would have been unimaginable in 2010. The token is no longer seen as a fringe experiment but as a critical component of global financial infrastructure [1].

Recent macroeconomic events have shown Bitcoin’s growing alignment with traditional financial assets. The Bank of England’s recent 25-basis-point interest rate cut to 4.00% triggered a rally in crypto markets, pushing Bitcoin back toward $117,000 and Ethereum near $3,900. This dynamic suggests that Bitcoin’s utility now extends beyond peer-to-peer transactions to include serving as a store of value influenced by central bank policy and investor sentiment [1].

Despite its progress, Bitcoin still faces volatility challenges. Anticipated tariff plans under a potential Trump administration and slower-than-expected U.S. interest rate cuts have tempered some of the recent optimism. However, when compared to 2010—when Bitcoin was a cents-level forum curiosity—its current valuation and influence are extraordinary.

Fifteen years after Nakamoto’s initial warning, Bitcoin’s journey has been one of resilience and adaptation. What began as a speculative idea has now positioned itself as a globally recognized asset, repeatedly proving that its utility continues to outweigh the cost of its operations. Whether viewed as prophecy or challenge, the market has responded in kind, pushing Bitcoin into the mainstream of global finance [1].

Source: [1] Bitcoin’s Win Repeats Initial Warning By Satoshi Nakamoto (https://www.newsbtc.com/news/bitcoins-win-repeats-initial-warning-by-satoshi-nakamoto/)