๐จ $BTC Bitcoin Approaches $100,000 Amid Positive Indicators ๐จ(Today crypto news)
Bitcoin is edging closer to the $100,000 mark, currently trading around $99,380. ๐ฐ Despite recent fluctuations, the overall macroeconomic environment is favorable for cryptocurrency. With expectations of increased global liquidity from potential interest rate cuts by central banks, things are looking up for crypto! ๐๐
Additionally, a more supportive regulatory outlook under President-elect Donald Trump, including the creation of a strategic Bitcoin reserve and a pro-crypto SEC chair, is boosting market confidence. ๐๐ช
On-chain metrics also suggest Bitcoin has not yet reached its cycle peak, adding to the optimism. ๐
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