Bitcoin briefly surpassed $100,000 before falling back to $99,000 within 24 hours. The rise in Bitcoin was attributed to the US inflation data, and analysts predict that the price will continue to rise as Donald Trump's inauguration approaches. The easing of inflation fears could potentially allow Bitcoin to break through the $100,000 resistance level and reach new records. Analysts also expect more upside in Bitcoin and cryptocurrencies, anticipating volatility in the market due to the change in US administration.



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