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Cryptocurrency News Video

11-25 [Coin Price] Long and short battle! Will Bitcoin reach 180,000 by the end of 2025?

Nov 25, 2024 at 10:14 am Leo

Great, my LEO! There is a lot of news about Bitcoin today. Let’s talk about the conclusion first. In terms of good news, on November 23, the stablecoin issuer Tether minted US$3 billion in USDt tokens on the two chains of Ethereum and Tron. For more information Multiple investors have opened the door to enter the crypto market. In addition, last week, the U.S. Bitcoin spot ETF had a net inflow of US$2.42 billion, which was the fourth largest single-week net inflow in history. In contrast, there have been more than US$2 billion in outflows from ETFs in the Chinese market, and China’s consumer confidence index has also dropped by a rare 50 points in the past three years. This has made cryptocurrency assets look more favourable. During the weekend of the past two days, fake order spoofing and high-level arbitrage caused the currency price to fall back to US$97,000, which also triggered one of the largest weekend liquidation events in more than half a year. However, according to the event prediction website Kalshi, the currency price by the end of this year is expected to be US$100,000 to US$150,000. Analysts even predict that the currency price may rise to US$180,000 by the end of next year.
Video source:Youtube

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