About 2 years ago, we were talking about whether the BTC price could return below $15,000. In those days, rising movements towards $ 20,000 excited investors because the world’s second largest cryptocurrency exchange was upside down. Now, we are announcing that for the first time in history, BTC has exceeded the $107,000 threshold.
Bitcoin (BTC)
The king cryptocurrency continues to make new highs. At the time of writing Donald Trump speaks and the new President is the sole reason for the tens of thousands of dollars in increase. In January and February, BTC will probably be at much higher levels because the new US President’s interest in cryptocurrencies, especially Bitcoin $104,723.9 He has some crazy ideas about it.
Fed’s 1 million BTC Many big events are waiting for us, from its accumulation to the fact that the USA will no longer sell its cryptocurrencies. Moreover, Trump announced that the world’s cryptocurrency center will be the USA. This situation suggests that US-based crypto companies can receive various incentives and before that, legal pressure will disappear.
In the coming hours, while BTC continues to consolidate above $ 106,000, we can see major increases in altcoins.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.