Crypto Week Ahead: Bitcoin Sets Much-Awaited ATH Of $100,000. Cooldown Expected For Now
3 months, 2 weeks ago

Crypto Week Ahead: Bitcoin Sets Much-Awaited ATH Of $100,000. Cooldown Expected For Now

ABP News  

Bitcoin had a stupendous week, passing the much-awaited $100k mark by riding the ‘Trump Bump’. Crypto Events To Note Bitcoin's surge toward the highly anticipated $100,000 mark has been accompanied by substantial sell-offs from long-term holders, raising concerns among analysts about a possible market peak. What Crypto Traders Are Saying About Current Market Scenario Mudrex co-founder and CEO Edul Patel told ABP Live, "Last week was a dream run for the crypto community with Bitcoin crossing $100,000, Ethereum reaching $4,000, and pro-crypto leaders being appointed to key roles, including the SEC Chair and AI and Crypto Czar setting the stage for friendlier crypto regulations. As BTC stabilises at the $100k mark, we might see action in some altcoins with the Altcoin Index standing strong at 80.” Thangapandi Durai, CEO and Founder, Koinpark, said, “Bitcoin’s breakthrough past $100,000 on December 5 seems like a huge green forest on the chart, fueled by a combination of pro-crypto regulatory developments and growing institutional support. The recent trading volumes and the market cap nearing $2 trillion highlight Bitcoin’s increasing acceptance not just among retail investors but also large institutions.

History of this topic

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