Crypto Week Ahead: Bitcoin Sets New ATH Of $106,000, Thanks To Trump’s Promises
ABP NewsBitcoin continued on its upward path, passing a new ATH of $106k mark, driven largely by US President-elect Donald Trump’s promises to make BTC a reserve asset when the assumes office. What Crypto Traders Are Saying About Current Market Scenario Mudrex co-founder and CEO Edul Patel told ABP Live, "Over the weekend, Bitcoin hit a new all-time high crossing the $106,500 mark. All eyes are now focused on the FOMC meeting in anticipation of a 25 basis point rate cut that could drive further price action towards the $110,000 mark.” Thangapandi Durai, CEO and Founder, Koinpark, said, “Bitcoin’s price is currently facing a slight pullback after reaching the $101,109 resistance level. Bitcoin’s ability to hold above $90,000 is a positive sign, and if the price manages to break through the $104,088 resistance, we could see a new surge towards new all-time highs.” Subscribe And Follow ABP Live On Telegram: t.me/officialabplive Disclaimer: Crypto products and NFTs are unregulated and can be highly risky.