In the given news, the price of Bitcoin briefly reached $100,000 on Bitstamp before experiencing a 2% spike. This rally was influenced by reports of the SEC planning to overhaul its crypto policies and positive core inflation readings, which raised expectations of rate cuts by the US Federal Reserve. However, it is cautioned that a drop below $90,000 could result in a significant correction according to Standard Chartered. Bitcoin's price gains are overshadowed by major altcoins such as XRP, Ethereum, Solana, and Cardano, while BNB has had a modest increase.



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