Bitcoin Rises from $754 to Over $107,000 During Three Mayoral Terms

Bitcoin has increased from approximately $754 in December 2013 to above $107,000 as New York approaches its next mayoral election, marking a rise of about 14,590% over the past decade.

Mayoral Timeline and Bitcoin Growth

  • Bill de Blasio's tenure (January 2014 - December 2021) saw Bitcoin rise to around $47,000.
  • Eric Adams began his term in January 2022, accepting part of his salary in Bitcoin, signaling New York's openness to cryptocurrency.
  • Despite a bear market in 2022, Bitcoin rebounded strongly in 2023, currently trading at $107,567.

Future Trends

  • Zohran Mamdani is leading in the Democratic primary, potentially becoming the next mayor.
  • Bitcoin’s growth reflects broader factors such as global demand and Federal Reserve movements, rather than local political dynamics.
  • The upcoming electoral landscape will focus on how Bitcoin can progress independently of specific political support.

As New York prepares for the November 2025 election, Bitcoin demonstrates its capacity to thrive outside political influence.