CandleFocus Bitcoin Grapples with $100K as Rally on Trump's Crypto-Positive Comment Fizzles
2024-12-13
Author: Content Editor
Bitcoin (BTC) initially rallied to a new record high of $102,500 but fell sharply due to tumbling bond markets. President-elect Donald Trump expressed support for cryptocurrency and the European Central Bank hinted at more rate cuts. Altcoins, including Avalanche (AVAX) and Chainlink (LINK), outperformed BTC. Ethereum (ETH) also performed well and is predicted to reach new all-time highs above $5,000.
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