Crypto Market Update XRP Finds Support, Bitcoin Eyes $100,000, and Lightchain AI Surges 500%
Market researchers continue to be bullish about the future of Bitcoin and predict a future rise to $120,000, in the near term. This positive view is justified by a number of factors, e.g., the recent outcome of the U.S. presidential election, for which implications are that the pressing for a more crypto-friendly regulatory environment are to be expected, and the upcoming Bitcoin halving in 2024, upon which supply will be expected to be decreased and in consequence prices will be expected to increase.
Historical data further reinforces this bullish sentiment. According to the previous halving events, Bitcoin has inevitably experienced a dramatic price surge that makes the possibility of the next trend emerge. Also, the increase of…