Bitcoin dominance bounces back to 57% as BTC punches to $104K
Calls for altseason are a little quieter as Bitcoin dominance recovered after surging past $100,000 for the first time in history.
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Calls for altseason are a little quieter as Bitcoin dominance recovered after surging past $100,000 for the first time in history.
Bitcoin has set a new all-time high of $104,000 on Coinbase, setting the cryptocurrency loose into price discovery — so where is it heading next?
Long-bankrupt crypto exchange Mt. Gox moved over 24,000 Bitcoin to an unknown address after the cryptocurrency struck above $100,000.
Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April’s halving and Donald Trump’s US election win.
Bitcoin may consolidate in the near term while select altcoins continue to outperform.
Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin.
Crypto exchanges clocked more than $10 trillion in volume across spot and derivatives markets, CCData said.
The exchange-traded fund is designed to earn income from writing options against cryptocurrency stocks.
BTC price performance is slowly making market observers more bullish on Bitcoin on short timeframes.
Bitcoin price cooled off at the start of December, but several bullish catalysts support investors’ belief that $100,000 BTC is around the corner.
