Bitcoin Price Drops To $100K: Will BTC Hit $108K Again?

Quick Summary:

The flagship crypto has recently declined below the $100K level amid massive selling pressure noted in the broader financial market, let alone the digital assets space.

The broader crypto market has continued its volatile trading today, with Bitcoin price witnessing a major setback.

Simultaneously, Bitwise CIO said that Bitcoin price will reach $500K once the US Bitcoin Strategic Reserve happens.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: IndiaEl Salvador

Topics: Bitcoin Bitcoin News BTC price 24/7 Cryptocurrency News Bitcoin (BTC) Price Fed rate cut

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 08:55:11 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 592 words

Reading Time: 4 minutes read

Sentences: 50 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24546368

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 26 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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