Bitcoin's recent rally, edging tantalizingly close to the $100,000 milestone, underscores the digital asset's enduring allure amid shifting regulatory and market landscapes. The cryptocurrency reached a peak just shy of the historic figure, before retreating slightly to stabilize near $98,310 as of Monday morning in London. The surge was fueled by optimism over President-elect Donald Trump’s crypto-friendly rhetoric, including promises of lighter regulations and even talk of a national Bitcoin reserve. These announcements have buoyed markets, contributing to a $1 trillion surge in the overall digital asset market since his election victory. However, skepticism remains regarding the feasibility of these proposals and their implementation timeline. https://lnkd.in/eD6aNEMe
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Bitcoin has been on a roll this year, surging over 60% thanks to a spot ETF approval and the recent halving event. Not stopping there, developers are working on enhancing the bitcoin network's functionality, which could lead to even more price upside. Additionally, the crypto market may see further gains from interest-rate cuts, loosened regulation, and the upcoming November election. Check out the full story on the link below. #Bitcoin #Crypto #Investing
4 catalysts that could drive bitcoin's next big rally
markets.businessinsider.com
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The crypto industry has shown signs of turbulence given the sales of Bitcoin in Germany and the worries surrounding significant liquidations by the creditors of the defunct exchange Mt. Gox. However, beyond these supply overhangs lies a promising future driven by sustained risk-taking in well-established markets and advantageous macroeconomic circumstances. Investors tend to be more willing to deploy cash to riskier, growth-sensitive assets such as Bitcoin and equities during periods of global economic expansion. https://lnkd.in/dcsi-22u
Crypto market turns green, downside risk remains high
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Bitcoin has skyrocketed by over 32%, reaching a record high of $91,000 after Donald Trump's election win. This surge is driven by hopes that his administration will introduce crypto-friendly regulations, sparking massive buying activity. The entire cryptocurrency market has grown to an all-time high of $3.16 trillion, with Ethereum and other tokens also experiencing significant gains. This means more people and institutions are showing interest in digital currencies, leading to record-breaking investments in bitcoin-related funds and trading platforms. However, experts warn that the market is still highly volatile, and upcoming decisions, like who will lead the U.S. Treasury, could cause sudden changes in crypto prices. https://lnkd.in/g3QpDuHV
Cryptoverse: 'Elation' as bitcoin basks in Trump glow
reuters.com
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The digital coin's price has more than doubled year-to-date, inching closer to the $100,000 threshold and increasing the implied value of all bitcoin in circulation to almost $2 trillion. #Business #Economy #Bitcoin
Bitcoin’s $100,000 moment will be a perfect storm
thedailystar.net
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"Bitcoin’s current state is sparking debate like never before. Are we witnessing natural market correction or something more dramatic? JPMorgan experts weigh in with an intriguing perspective hinting at a potential overbought position in Bitcoin. Amidst a tumultuous week for this digital asset, its route ahead is layered with critical key indicators that could mark its fate. Ready for a deep-dive into this financial conundrum? Buckle up, let's unravel the mystery together. #Bitcoin #JPMorgan #Cryptocurrency"
"Bitcoin’s current state is sparking debate like never before. Are we witnessing natural market correction or something more dramatic? JPMorgan experts weigh in with an intriguing perspective hinting at a potential overbought position in Bitcoin. Amidst a tumultuous week for this digital asset, its route ahead is layered with critical key indicators that could mark its fate. Ready for a deep-dive into this financial conundrum? Buckle up, let's unravel the mystery together. #Bitcoin #JPMorgan #Cryptocurrency"
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Why isn’t Bitcoin at $100K yet? 📉 Bitcoin has captured global attention, but what’s holding it back from crossing the coveted $100,000 mark? 🌍💱 From regulatory uncertainty to market volatility, experts weigh in on the challenges facing the king of crypto. Will these barriers fade, or is $100K still a distant dream? Share your thoughts! Full article: https://lnkd.in/exHS4Jtk #Bitcoin #CryptoMarkets #BTC100K #Investing #CryptoInsights #NigelGreen #deVereGroup #deVere
What’s REALLY keeping Bitcoin from hitting $100,000?
bitcoininsider.org
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Bitcoin Bulls On The Charge: Crypto Platform Forecasts $63K Surge By March: According to the report, these spot ETFs have opened the doors for more investors to engage in crypto trading through conventional financial channels.
Bitcoin Bulls On The Charge: Crypto Platform Forecasts $63K Surge By March
tradingview.com
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Bitcoin's Bullish Momentum: A Look Ahead As we look forward, the narrative is clear: Bitcoin is Wall Street’s new toy. These factors combined create a powerful mixture of speculative interest and genuine investment that could propel Bitcoin to new heights. History has shown us that cryptocurrencies can be unpredictable, and this market is no different. While the prospects are promising, patience and strategic positioning remain paramount. https://lnkd.in/e78G27Gh
Bitcoin’s Bullish Momentum: A Look Ahead
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