Bitcoin Surpasses $101K, Tom Lee Predicts $250K by 2025 in CNBC Interview
Probably, the best way to measure this is what bitcoin is doing,” Fundstrat's Tom Lee remarked on the show.
Day: December 11, 2024
Bitcoin Surpasses $101K, Tom Lee Predicts $250K by 2025 in CNBC Interview
Probably, the best way to measure this is what bitcoin is doing,” Fundstrat's Tom Lee remarked on the show.
Bitcoin surges past $101,000 as XRP leads cryptocurrency rally following CPI report
Ripple to be used in cross-border payments by a major financial institution. This news gave a boost to XRP's value...
Bitcoin broke the $101,000 mark, reaching a new all-time high, as XRP drove a crypto rally following the release of the Consumer Price Index (CPI) report. The CPI report showed an increase in inflation, leading investors to turn to cryptocurrencies as a hedge against inflation. XRP saw a significant increase in price, leading the rally among cryptocurrencies. The increase in the price of XRP sparked a surge in the overall crypto market, with many other digital assets also experiencing gains. The CPI report highlighted concerns about rising inflation, prompting investors to seek alternative investments such as cryptocurrencies. Bitcoin’s price broke the $101,000 mark for the first time, continuing its record-breaking rally. Overall, the cryptocurrency market is seeing increased interest from investors as a hedge against inflation and a safe haven in times of economic uncertainty. The rally in XRP and other digital assets is further evidence of the growing popularity of cryptocurrencies as an alternative investment.
Ripple's XRP led the charge among major cryptocurrencies, surging 15% over the past 24 hours. The rally was sparked by...
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Microsoft Shareholders Reject Proposal to Invest in Bitcoin, Company Doesn’t Completely Rule It Out
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Ethereum Leads Altcoin Rally with Latest News Sparking Optimism
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