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Bitcoin crosses $100,000 again
short by Pragya Swastik / on Thursday, 12 December, 2024
Bitcoin's price rallied above $100,000 again after the latest US inflation data bolstered bets on another Federal Reserve interest-rate cut. Bitcoin's price rose nearly 5%, the most in two weeks, before paring some gains. Bitcoin hit the $100,000 mark for the first time a week ago following optimism that US President-elect Donald Trump will create a crypto-friendly regulatory environment.
read more at Moneycontrol