A Tale Of 3 Mayors And Bitcoin’s Jump From $754 To $107K

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According to Jeff Park in Bitwise, Bitcoin went from a risky experiment to a six-digit assets over three Mayoral conditions in New York.

It started near $ 754 when Michael Bloomberg left the office in December 2013. Now, while the city is preparing for the next elections, it is acts above $ 107,000. These figures show an increase of approximately 14,590% in just over a decade.

Mayoral timeline marks Bitcoin -Growth

Bill de Blasio took over in January 2014. Initially Bitcoin hardly stimulated. But by December 2021 it reached around $ 47,000. That climb happened while the two times of the Blasio took place on the stage of the town hall. The cryptomarkt had its ups and downs, but the overall trend orphan Skyward under his watch.

Bitcoin’s rise due to political change

When Eric Adams Sticked as mayor in January 2022, he took the headlines by taking his first salary in Bitcoin. The move sent a clear message that New York was open to Crypto.

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The market subsequently endured a tough bear phase 2022. Yet Bitcoin bounced back strongly in 2023 and continued. This month it has risen around 3% and is at $ 107,567, according to figures from Coetecko.

Bitcoin is now traded at $ 107,378. Graphic: Tradingview

Separate money from the state

Park used the mayor count as a tool for telling stories. He calls for a break between money and government. His vision: people have to choose how they deal with their own money.

Political shifts come and go, but bitcoin continues to grow on his own conditions. That steady increase speaks about the idea of ​​financial freedom outside the state control.

ZOHRAN MAMDANI was pushed forward in the Democratic Primary after Adams had declared an independent offer. Because Democrats usually win in New York, many see Mamdani as the likely next mayor.

Park even jokes that Bitcoin’s trip has been moved “from Bloomberg to Mamdani. “That line underlines how the actual climbed, even when the policy of the city regained itself.

It is easy to draw lines between mayors and price charts. But the real Bitcoin drivers go further than the town hall. Global question, great investors, shifts in mining and movements of the Federal Reserve have all formed its path. The mayors of New York offer handy markers on the timeline, not the engine of growth.

About crypto and politics

As New York Eyes November 2025, Bitcoin is proof that financial aids can live beyond politics. The question now is not whether the next mayor will support the crypto. It is how far bitcoin will go when the story is not tied to an office.

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Featured image of Unsplash, graph of TradingView



Credit : www.newsbtc.com