Bitcoin (BTC) $102,111 price has returned to six-digit levels after an 18-day hiatus, bringing good news for altcoins. While it’s uncertain how the Fed’s Wednesday minutes will impact the market in the coming hours, the short-term outlook appears highly positive. What do experts predict for the markets?
Why Are Cryptocurrencies Rising?
BTC surpassed the key $102,000 level, with supportive conditions in U.S. markets. Additionally, Donald Trump will assume the presidency on January 20, potentially eliminating regulatory pressures on cryptocurrencies and changing the U.S. administration’s stance by 180 degrees. However, let’s be realistic about ideas like BTC reserve; they are difficult to implement.
Politicians are wary of taking a negative stance on cryptocurrencies in this election cycle. They are likely to adop…
Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals
Design By New Web | ScriptNet