Victory Securities: Multiple analysts estimate that BTC could break through $100,000 by the end of the year

2024-11-14 20:09:10

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ChainCatcher news, according to East Net, Victory Securities' Deputy COO Zhou Lele stated that Trump's victory and the Federal Reserve's interest rate cuts have injected new vitality into the cryptocurrency market and triggered a market frenzy. The consensus is an optimistic outlook on the virtual asset market after Trump's inauguration.

Some institutions expect Bitcoin prices to continue to rise, with several analysts estimating that Bitcoin could break $100,000 by the end of the year, signaling a new prosperous period for the virtual asset market. The inflow of stablecoins into exchanges is about $4.5 billion, far exceeding the net inflow of $1.63 billion for Bitcoin exchange-traded funds (ETFs). The holdings of exchange contracts and CME contracts have both reached historical highs, and the surge in capital inflows may indicate more investment opportunities in the future.

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