Bitcoin approaches $100,000 as market cap surpasses $2 trillion
Bitcoin prices are nearing $100,000, trading around $98,608, following a 51% increase in the past month. The surge is linked to expectations of crypto-friendly policies from the incoming Trump administration and the recent listing of BlackRock's Bitcoin ETF options on Nasdaq. Other cryptocurrencies are also rising, with XRP up 188% in the last month. Ether and BNB are trading at $3,354 and $665, respectively. Market sentiment is optimistic due to anticipated regulatory changes that could support digital assets. Despite the rally, experts advise caution. They warn that significant price increases can lead to sharp corrections. Investors are encouraged to conduct thorough research and avoid making decisions based solely on market hype.