Bitcoin Approaches $100K: Will the Rally Sustain?

TL;DR Summary
Bitcoin is nearing the $100,000 mark, sparking mixed reactions in the cryptocurrency community. While Bitcoin sees a slight increase, Ethereum is down by 2.1%, and Dogecoin is up by 3.7%. Large transaction volumes and daily active addresses are on the rise, with significant transactions over $100,000 increasing notably. Despite this, exchanges' netflows have decreased. Market data suggests a high probability of Bitcoin reaching $100,000 soon, with traders shifting focus from altcoins to Bitcoin. Meanwhile, notable developments include Trump Media's potential digital wallet plans and Charles Schwab's preparation for spot cryptocurrency trading.
- Bitcoin 'On Brink Of Breaking $100,000,' Dogecoin Up, Ethereum Down: Crypto Community Holds Its Breath As BTC Guns For Milestone Benzinga
- Bitcoin Nears $100,000. How It Can Break Through the 6-Figure Milestone. Barron's
- Bitcoin Flirts With $100,000 on Optimism Over US Crypto Outlook Bloomberg
- As bitcoin nears $100,000, investors ask whether the rally can last much longer MarketWatch
- Bitcoin is surging: Could it take over? NewsNation Now
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