Bitcoin reached a new all-time high of $99,500 before pulling back slightly to its current price of $98,675. Research firm 10X Research predicts that Bitcoin could reach $115,000 by Christmas due to increased liquidity in the market and stablecoin inflows. The surge in stablecoin inflows to cryptocurrency exchanges is seen as a bullish signal that could drive up the price of crypto assets. Additionally, activity in the BlackRock Bitcoin ETF options market suggests that traders anticipate Bitcoin's price to rally beyond $100,000. If sustained buying momentum continues, Bitcoin could push past $100,000, but a weakening of buying pressure could cause the price to plunge toward $88,816.



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