Bitcoin Nears $100,000 Milestone Amid Record-Breaking Rally

TL;DR Summary
Bitcoin is nearing record levels, with 60% of Kalshi users betting it could surpass $100,000 by the end of 2024. The cryptocurrency has surged over 28% since the U.S. presidential election, driven by President-elect Donald Trump's favorable stance on crypto regulations. Currently trading around $89,000, Bitcoin's strong positive sentiment suggests it may reach six figures by year-end, according to analysts.
- Bitcoin to top $100,000 before year-end, according to bettors on Kalshi CNBC
- Bitcoin resumes its climb, briefly touching $90,000 in late afternoon trading CNBC
- The Crypto Contradiction Bloomberg
- Bitcoin has topped $87,000 for a new record high. What to know about crypto's post-election rally The Associated Press
- Bitcoin Continues Its Ascent To $100,000 Amid Ethereum, Solana, Dogecoin, Shiba Inu, BNB, XRP, Avalanche Rebound Forbes
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
1 min
vs 2 min read
Condensed
80%
296 → 60 words
Want the full story? Read the original article
Read on CNBC