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22.11.2024 20:06:00
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Is It Too late to Buy Bitcoin as It Threatens $100,000?
Bitcoin (CRYPTO: BTC) enthusiasts are rejoicing as the cryptocurrency continues to set new all-time highs. Earlier this month it surpassed its long-held high of just under $74,000 and in a few short weeks it's up more than 25%. Priced at $100,000, a target once many investors could only dream about, is squarely within striking distance as I'm writing this on November 20.The timing of this run is hardly a coincidence, or so it would seem. The president-elect and his incoming administration are considered to be very friendly to Bitcoin and crypto as a whole. Investors are hoping he delivers on his campaign promises. What his actual policies will be here remains to be seen. But he has indeed signaled a pro-crypto approach, going as far as to say he intends to make America the "crypto capital of the world."So, with Bitcoin nearing the $100,000 mark and "crypto euphoria" in full swing, is now a good time to buy?Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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20.29
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94837.484
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0.80
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0.752
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116.6635
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2.12
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