Cryptocurrencies extended their gains during Friday's trading, amid a collective upward wave led by Bitcoin, which exceeded the $100,000 level.
Cryptocurrencies had witnessed strong fluctuations during the first week of January 2025, due to the increasing possibility of the US Federal Reserve cutting interest rates at a slow pace after data showed the strength of the US economy.
Cryptocurrency enthusiast Robert Kiyosaki predicted, via his account on the "X" platform, that the price of Bitcoin would reach $250,000 during the current year, calling on investors to buy more of the world's most famous digital currency.
During today's session, the price of Bitcoin rose by about 1.62% to exceed the important psychological level of $100,000, as it was traded at $101,226 thousand
