Will Bitcoin Shoot To $100,000 Amid An Unfolding Banking Crisis In The US?

Quick Summary:

Bitcoin might be weak at spot rates, sliding roughly 13% from $74,800 amid intense liquidation pressure.

Even as prices retract from all-time highs and $66,000 proves to be a mirage, analysts are upbeat about what lies ahead.

Most expect the coin to surge towards the all-important psychological line, $100,000, in the coming days or weeks.

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Article Details

Author / Journalist: Dalmas Ngetich

Category: Crypto

Markets: HungaryUnited States

Topics: BTFP Federal Reserve Bitcoin News Bitcoin FDIC Bitcoin price BTCUSDT Commercial Real Estate Btc

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-22 @ 00:00:16 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 406 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 21332711

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 5 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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