Bitcoin has finally hit $100,000. Where does it go from here?
Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It’s important to note that bitcoin has yet to experience a significant correction,” said Arthur Azizov, chief executive of the crypto business B2BinPay. By year-end, I believe bitcoin’s price will consolidate around $100,000 before retracing to five-digit levels, potentially settling near $85,000 in the following months.” Bitcoin’s latest price gains have pushed its market cap above $2 trillion for the first time, ranking it as the world’s seventh most valuable asset ahead of Silver, Meta and Tesla. “With talks of a US Strategic Bitcoin reserve and more companies adding Bitcoin to their corporate treasuries, we may be on the precipice of true mainstream global adoption,” said Richard Teng, CEO of leading crypto exchange Binance. “Today’s milestone marks a turning point in Bitcoin‘s journey from a niche asset to a mainstream financial instrument, attracting more institutional and retail investors, a powerful narrative and sentiment driver reinforcing crypto’s position in the financial landscape and encouraging broader adoption.”
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