Bitcoin surpasses $100,000 driven by favorable US legislation regarding Bitcoin reserves and increased institutional acceptance, signaling growing mainstream adoption.
Tag: Market Update
Bitcoin Bulls Anticipate FOMC Meeting: Long Positions Surge Ahead of Potential Volatility
Bitcoin bulls are increasing long positions as the market awaits the Federal Open Market Committee (FOMC) meeting. Analysts predict potential volatility following the Fed’s statements, with Bitcoin’s price momentum historically slowing before FOMC decisions.
Bitcoin Price Surges to 7-Week Highs: Will It Reach $100K?
Bitcoin hits a 7-week high, sparking debate about a potential $100,000 rebound. Analysts remain cautious, citing market dynamics and the need for a catalyst.