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Cryptocurrency News Articles
Bitcoin (BTC) Price Breaks Above $100,000 as Corporate Buying Boosts Sentiment
Jan 07, 2025 at 01:32 am
Bitcoin (BTC) has risen above $100,000 for the first time in 2025. Continued buying by the biggest corporate Bitcoin holder may have boosted sentiment.
Bitcoin price analysis: BTC breaks above $100,000, but where next?
Bitcoin BTC price has broken above the crucial resistance at $100,000 on Jan. 6, indicating that the bulls are back in the game. This follows a strong start to the year for Bitcoin, with a 13% gain in the first three days.
However, the recent rally in Bitcoin has slowed down, with the cryptocurrency trading in a tight range for the past few days. The bulls have failed to push the price above $102,000, while the bears have been unable to sink it below $100,000.
BTC/USDT daily chart. Source: Cointelegraph/TradingView
If the price maintains above $100,000, the BTC/USDT pair could accelerate toward the all-time high of $108,353. This level may witness strong selling by the bears, but if the bulls maintain pressure, the pair may resume the uptrend. The next target on the upside is $126,706.
On the other hand, if the price fails to sustain above $100,000, it will signal that the breakout may have been a bull trap. The bears will have to sink the price below the moving averages to clear the path for a decline to $90,000.
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- Bitcoin Revisits the Pivotal $100,000 Milestone, Coinbase Premium Index Turns Positive
- Jan 08, 2025 at 10:45 am
- With a significant move at the start of the week, Bitcoin has revisited the pivotal $100,000 milestone once again. This move has triggered a wave of fresh optimism among crypto enthusiasts as several key metrics have also seen positive movements alongside the recent upswing.
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- Bitcoin (BTC) Price Eyes Imminent Breakout as Whale/ Institutional Interest Drives Bullish Sentiment
- Jan 08, 2025 at 10:45 am
- By press time, the BTC price exchange was at $97,068 with a market cap of $1.918 Trillion. Consecutively, the global market cap reverted to $3.5 Trillion, while the 24-hour trading volume is at $183 Billion.
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- Binance Coin (BNB) Poised to Repeat 2021's 744% Rally, Target $5,980 by 2025
- Jan 08, 2025 at 10:45 am
- In 2021, Binance Coin (BNB) witnessed an extraordinary 744% surge just 262 days after the Bitcoin halving. Fast forward to 2025, and market observers are drawing some similarities between current price action and the historic rally.
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- Top 5 Crypto Picks for 2025: Leading with Innovation
- Jan 08, 2025 at 10:45 am
- As we approach 2025, the cryptocurrency market is brimming with opportunity. For those looking to broaden their holdings, identifying the most promising digital assets is crucial. This guide highlights five exceptional crypto picks for 2025—BlockDAG (BDAG), Avalanche (AVAX), SUI, Aptos (APT), and Fantom (FTM). Each coin is at the forefront of innovation and growth potential.
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- Ripple (XRP), Stellar (XLM), and IOTA (IOTA) Price Forecast
- Jan 08, 2025 at 10:45 am
- Cryptocurrency prices suffered a big reversal as concerns about a highly hawkish Federal Reserve led to a sell-off of risky assets. Bitcoin price plunged from this week's high of $102,000 to below $97,000, while the crypto fear and greed index dropped to the neutral zone of 57.