Bitcoin’s rally stalls after nearing the historic $1,00,000 level

Bitcoin's surge towards $100,000 faltered, prompting speculation about the sustainability of the rally fueled by President-elect Trump's pro-crypto stance. Despite reaching a near-historic peak, the digital currency retreated, with analysts noting signs of market exhaustion and potential consolidation around the symbolic threshold.

Nov 25, 2024 - 09:30

Bitcoin’s rally stalls after nearing the historic $1,00,000 level

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Bitcoin's surge towards $100,000 faltered, prompting speculation about the sustainability of the rally fueled by President-elect Trump's pro-crypto stance. Despite reaching a near-historic peak, the digital currency retreated, with analysts noting signs of market exhaustion and potential consolidation around the symbolic threshold.