$BTC turns
Shocking prediction! 😱🚀 Bitcoin is racing towards $100,000, and the crypto market is about to explode! 🔥
Bitcoin (BTC) is approaching the $100,000 mark with a thunderous momentum! Driven by the surge of cryptocurrencies like Dogecoin and Cardano and the Federal Reserve's stable interest rates, market risk appetite is in full swing! 📈 Trump's new trade policy adds more fuel to the fire; will BTC soar to new heights? Come and see! 👇
Three main drivers of BTC's surge
Market frenzy:
Dogecoin rises 5%, Cardano rises 4%, leading the crypto market to a celebration! Despite slight declines in Ethereum, BNB, etc., record inflows into spot Bitcoin ETFs show overwhelming investor confidence!
Federal Reserve signals:
Interest rates remain unchanged, with a potential cut of 100 basis points by the end of the year, stimulating the rally in risk assets. Semir Gabeljic of Pythagoras Investments predicts BTC will head straight for $100,000!
Trump's trade benefits:
Trump announces a significant trade agreement, reducing tariff uncertainty, boosting investor sentiment, and the crypto market may welcome new opportunities!
Risks and opportunities
Bullish momentum: BTC is approaching a key threshold, with institutional funds pouring into ETFs, and market momentum is strong. Jupiter Zheng from HashKey Capital states that BTC adds diversity to investment portfolios.
Potential challenges: Federal Reserve policies may trigger fluctuations in inflation and unemployment rates, necessitating caution regarding market corrections. Gabe Selby from CF Benchmarks warns that macro risks cannot be ignored.