Milestone and What’s Next for Crypto
Bitcoin Hits $100K: What Comes Next for Crypto?.
Key Insights
Bitcoin has surpassed the $100,000 mark for the first time, fueled by positive sentiment regarding the forthcoming pro-cryptocurrency Trump administration.
This recent increase follows Trump’s selection of Paul Atkins to lead the U.S. Securities and Exchange Commission, a decision that has been positively received by the cryptocurrency sector.
However, the price of Bitcoin has experienced a decline in recent days after a robust rally following the election, as certain investors opted to realize their profits.
Additionally, some analysts caution that a correction in Bitcoin prices may occur due to the presence of excessive leverage in the market.
Bitcoin (BTCUSD) surpassed…
