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Bitcoin back above $100K 🚀
The crypto markets are green again Friday, with Bitcoin bouncing back after Thursday's bloodbath and Ethereum topping $4,000.
Andrew Hayward
December 06, 2024
📝 What you need to know
It’s been a whirlwind week for Bitcoin, with the original cryptocurrency finally breaching the $100,000 milestone late Wednesday, and then pummeling traders with a Thursday flash crash below $93,000 and a resulting cascade of liquidations.
Thankfully, Friday hasn’t been nearly as chaotic for the markets, with Bitcoin gradually climbing back to a price of $102,000 while Ethereum topped $4,000 for the first time since March.
Going into the weekend, we’ll see whether Bitcoin can maintain the six-figure mark for a solid 24 hours or more, as well as try to figure out which altcoin will be next to rack up surging gains seemingly out of nowhere.
💬 Quote of the Day
“There has never been a launch like this [among ETFs], and there will never be another one.”
