Bitcoin (BTC) 
$88,102 The latest developments in the market are followed carefully by investors. During this rise, the funding rate reached 37 percent, the highest level since March 2024, due to the intensity in long positions. Investors’ intense interest in long positions taken with the expectation of an increase cryptocurrency It supports the strong bullish atmosphere in the market.
The Increase in Funding Rate Is Remarkable
Positions in Bitcoin futures also increased rapidly during this period, and the volume, which was 16 billion dollars in September, rose to 28 billion dollars in November. This momentum shows that investors have strong confidence in the market.
Prepared by MatrixportMatrix on TargetAccording to the report, the largest cryptocurrency is expected to reach the target of $ 100 thousand before the end of the year. This target was also emphasized in the report announced in October and 2025 was pointed out, but current conditions show that this level can be reached earlier.
Strong Bullish Expectations Ahead of Trump’s Inauguration
Former US President who will take office on January 20, 2025, according to Matrixport Donald TrumpThis market expectation, which will last until the second period of 2019, offers investors the opportunity to maintain the bullish momentum.
The cryptocurrency market is expected to maintain this strong momentum supported by political developments and expectations. According to Matrixport’s analysis, if the upward trend in Bitcoin continues, it may only be a matter of time to reach the record level of $ 100 thousand. This expectation cryptocurrency marketIt shows that will continue on its way by breaking new records.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
