The election of Pope Leo XIV has drawn notable attention from the cryptocurrency community due to the dramatic rise in Bitcoin's value since the previous papal election. Bitcoin's price increased from $44 at the time Pope Francis was elected in March 2013 to $100,000 at the time of Pope Leo XIV's election in May 2025, representing a 227,000% increase over this papal cycle. Investors who predicted the new pope's election reportedly saw gains of over 11,000%. The cryptocurrency market has reacted positively to the new pope, with speculation that he may be supportive of cryptocurrencies. Some analysts suggest that if the next pope similarly influences the market, Bitcoin's price could potentially reach $10 million per coin, implying another 100-fold increase.