What’s next for Bitcoin after reaching historic 100,000 $ mark?

What’s next for Bitcoin after reaching historic 100,000 $ mark?
Bitcoin (BTC) achieved a significant milestone on Thursday, reaching an all-time high of $103,647 per coin before retreating below the $100,000 mark later in the day. However, on Friday, bitcoin reclaimed the $100,000 threshold, signaling resilience and renewed investor confidence. Bitcoin‘s surge underscores a continuing trend of heightened market activity and increasing interest in digital assets. Analysts have attributed the historic rise to a combination of institutional adoption, favorable market sentiment, and macroeconomic factors driving investors toward decentralized financial assets. On the same day, ethereum (ETH), the second-largest cryptocurrency by market capitalization, surpassed the $4,000 mark, marking a notable rebound. This milestone adds to ethereum’s reputation as a key player in the decentralized finance (defi) ecosystem, with its blockchain supporting numerous applications. The upward momentum of BTC and ETH reflects the broader cryptocurrency market’s dynamic nature. With bitcoin’s capped supply and ethereum’s versatility in hosting smart contracts, both assets remain pivotal in the digital economy’s expansion.

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Beware that is NOT financial advice. Please make your own research before investing in any cryptocurrency as there is always a high risk in losing your investment.
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