Hall of Famer and Chicago Bulls legend Scottie Pippen compared the current state of Bitcoin to the start of the Bulls’ dynasty in the 1990s.
Bitcoin in 2024 is giving me flashbacks to the Bulls in ’91… a dynasty just starting. Get ready for what’s next.
— Scottie Pippen (@ScottiePippen) November 12, 2024
Pippen, Michael Jordan and the Bulls won six titles in the 1990s, completing multiple three-peats and finishing one regular season (the 1995-96 season) with an amazing 72 regular-season wins.
Earlier this week, Bitcoin topped $87,000 for the first time ever, and it appears that the election of Donald Trump as the next president of the United States has had a major impact on the cryptocurrency.
“That’s part of a rally across cryptocurrencies and crypto-related investments since Trump won the U.S. presidential election last week,” the Associated Press’ Wyatte Grantham-Philips wrote. “Analysts credit much of the recent gains to an anticipated ‘crypto-friendly’ nature of the incoming administration, which could translate into more regulatory clarity but also leeway.
“Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, others continue to warn of investment risks.”
Pippen isn’t the first person in the NBA world to speak out about the exciting developments with Bitcoin.
Cleveland Cavaliers forward Tristan Thompson also took to social media this week to share his excitement about the cryptocurrency, wondering if it will reach $100,000 before the end of the calendar year.
A seven-time All-Star, Pippen was an integral part of Chicago’s dynasty, winning all six titles alongside Jordan. An elite defender and passer, Pippen was a 10-time All-Defensive selection in his NBA career and averaged 16.1 points, 6.4 rebounds and 5.2 assists per game while shooting 47.3 percent from the field.
If the Bulls legend is right and Bitcoin is just getting started, it’s possible that there could be massive growth over the coming years.
Chicago won titles in 1991, 1992 and 1993 before Jordan retired from the NBA to pursue a career in baseball. The six-time NBA Finals MVP returned for part of the 1994-95 season, but the Bulls’ dynasty really started again the following season.
From there, the Bulls rattled off titles in 1996, 1997 and 1998. Jordan then went back in retirement until the 2001-02 season when he returned to basketball to play with the Washington Wizards.
Pippen, on the other hand, played for the Houston Rockets and Portland Trail Blazers before ending his career with the Bulls in the 2003-04 season.
