Bitcoin rally stalls near $100,000 as market reassesses momentum

timesofindia.indiatimes.com

Bitcoin's recent surge toward $100,000 has stalled, with the digital currency retreating to around $97,550 after nearly reaching the milestone. Analysts suggest market exhaustion and consolidation may be occurring as traders reassess the impact of President-elect Trump's pro-crypto policies. The digital asset fell to $95,776 on Sunday, following a peak close to $100,000 on Friday. Optimism from Trump's election victory has driven significant investment, with the overall digital asset market gaining about $1 trillion since November 5. In related news, Cantor Fitzgerald is in talks with Tether Holdings for support on a Bitcoin-backed lending program. The transition team for Trump is also considering creating a dedicated White House position for digital asset policy.


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