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DeCrypt Weekly Update |
Sat, Nov 23, 2024 | 12:39 PM IST |
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| What does the future hold for Bitcoin's $100,000 mark? |
Hello Reader, |
The moment the crypto world has been eagerly anticipating is almost here—Bitcoin has surged to a new all-time high of $99,500 and is now edging toward the historic $100,000 milestone. Just a year ago, Bitcoin was trading at around $30,000, marking a remarkable 300% growth in value. This incredible rally has been driven by a wave of optimism sparked by Donald Trump’s reelection as President of the United States and a staggering $30 billion net inflow into Bitcoin ETFs over the past year.
As BTC gets closer to the six-figure mark, the question arises - What happens once BTC hits $100K? There is much more significance to the $100K mark than just being a psychological mark. Given that this mark would trigger many developments in the coming weeks, let's take a closer look at what reaching $100K could mean for Bitcoin and the broader crypto ecosystem. Read More
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CRYPTO TOP GAINERS
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As on Nov 23, 2024 12:36 PM |
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WEEKLY TOP NEWS
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 What does the future hold for Bitcoin's $100,000 mark? |
| Bitcoin is close to reaching the significant $100,000 mark. This surge is driven by various factors, including potential regulatory changes in the US and China. Experts believe this milestone could trigger a wave of developments in the crypto world. These include increased adoption by countries and potential price fluctuations. Despite possible short-term corrections, the long-term outlook for Bitcoin remains positive. |
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 Bitcoin at record highs, sets sights on $100,000 |
| Bitcoin reached a new all-time high, approaching $100,000, fueled by optimism surrounding a potentially favorable regulatory landscape under the Trump administration. The cryptocurrency has experienced a remarkable surge, more than doubling in value this year and soaring approximately 45% since Trump's election victory. This surge is attributed to expectations of crypto-friendly policies and the election of pro-cryptocurrency lawmakers. |
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 Meme lord Elon Musk, pro crypto Trump fuel fresh mania |
| Goatseus (GOAT) is the world’s first AI meme coin which was created by a self-controlled AI agent called Terminal of Truths which autonomously promotes the coin by posting on community platforms. GOAT has seen a 68% increase over the past month and touched an all-time high five days ago, placing it among the fastest currencies to cross $1 billion market cap within a month of launch. |
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 Mapping the bull market: Insights into bitcoin’s position in the cycle |
| Bitcoin's recent surge to near $100,000 has reignited investor interest. This rally is driven by the halving cycle, which historically triggers significant price increases. Retail investors are returning to the market, attracted by the potential for high returns. However, it's crucial to remember the inherent volatility of the crypto market and conduct thorough research before investing. |
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 Bitcoin approaches $100,000 on optimism over Trump crypto plans |
| Bitcoin neared a $100,000 milestone, fueled by Donald Trump's pro-crypto stance and expectations of a favorable regulatory environment. The cryptocurrency's surge, exceeding 100% since late 2022, attracted significant investment, particularly in bitcoin ETFs. Despite criticisms regarding energy consumption and illicit activities, bitcoin's rise signals growing mainstream acceptance. |
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 Bitcoin climbs closer to $100,000 |
| Bitcoin has more than doubled in value this year and is up about 40% in the two weeks since Trump was voted in as the next US president and a slew of pro-crypto lawmakers were elected to Congress. |
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For More Insights Visit ETMarkets Crypto Corner  |
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| Thanks for reading. See you next Saturday with more interesting stories and updates. Follow us on Twitter and Facebook. |
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54.65%
Mapping the Bull Market: Where Are We on the Timeline?
Bitcoin inches closer to $100,000 as post US election rally continues
