Dogecoin Founder Billy Markus Reacts to Bitcoin (BTC) Breaking $73K: 'Is It Time to Get Delusional and Euphoric Yet?'

Bitcoin (BTC), the largest cryptocurrency by market capitalization, rose to $73,624 on Tuesday before falling below $72,000 early Wednesday.

As Bitcoin (BTC) continues its rally, hitting $73,624 on Tuesday before dipping below $72,000 on Wednesday, the cryptocurrency is now up nearly 73% in 2024.

This rise comes amid lower bets on Federal Reserve interest rate cuts and reports of U.S. scrutiny of the biggest stablecoin by market capitalization, Tether (USDT).

Bitcoin's market capitalization now stands at $1.4 trillion, out of a total crypto market cap of $2.1 trillion.

The cryptocurrency has been surging in 2024, with its price increasing by more than 200% since the beginning of the year.

This rise has been fueled by a number of factors, including lower inflation, increased institutional adoption, and anticipation of halving.

As Bitcoin continues to rally, reaching new heights, it has caught the attention of many in the cryptocurrency community.

One of these figures is Billy Markus, the cofounder of Dogecoin, who is also known as "Shibetoshi Nakamoto" on X.

Markus is renowned for his candid and humorous commentary on the crypto market, and his recent tweets did not disappoint.

In response to Bitcoin's recent surge past $73,000, Markus shared his thoughts with a wry tweet.

Reacting to the news that Bitcoin had just crossed the $73,000 mark, Markus couldn't resist poking fun at the crypto market's euphoric moments.

In a tweet that quickly garnered attention, Markus asked his followers, "Is it time to get delusional and euphoric yet?" while sharing a screenshot of the BTC price moment.

This lighthearted yet pointed commentary drew a response from many in the crypto community, highlighting the palpable enthusiasm as Bitcoin continues to make new strides in 2024.