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The Bitcoin price surged 3% in the last 24 hours to trade at $103,676 as of 11:19 p.m. EST on trading volume that soared 56% to $85.8 billion. The BTC price pump took the king of cryptos to a new all-time high (ATH) of $106,352 before it pared gains. According to PlanB, the creator of the stock-to-flow model, the BTC price   could average around the $500,000 valuation across 2025, perhaps even surging to as high as $1 million. His model hinges on the assumption that demand for BTC will continue to grow. My forward guidance for 2024 has not changed since Oct 6, 2022 when bitcoin was 20k (see below): ✅️rise into April 2024 halving ✅️halving around 55k ✅️pump after halving ✅️hit 100k in 2024 – hit S2F target ~500k average (range 250k-1m) in 2025 https://t.co/BlUlk1XuLj — PlanB (@100trillionUSD) December 6, 2024 Bitcoin Price Indicators Show A Continued Uptrend The BTC/USD chart on the 1-day timeframe reflects a s...

A widely followed crypto analyst believes Bitcoin (BTC) may hit six figures before the year’s end as the top digital asset by market cap reclaims the $65,000 level. Crypto trader Michaël van de Poppe tells his 725,400 followers on the social media platform X that Bitcoin may increase more than 53% from its current value. He believes that the Fed rate cuts and increasing global liquidity are bullish catalysts for Bitcoin and other digital assets. “Gold continues to push higher, while silver has reached the highest price level in a decade. Global liquidity is significantly increasing and altcoins have barely started. Before the end of the year, we’re likely seeing Bitcoin trading between $90,000-$100,000.” The analyst says that Bitcoin’s recent breakout into the $65,000 range puts the flagship crypto on track to take out its all-time high of about $74,000. He adds that many altcoins are already starting to rally. “Bitcoin is abo...

XRP has long been waiting for a final push, a new trigger that may compel its price to surpass the critical $0.65 price barrier. Ripple, in the meantime, has established key global partnerships that have yet to sway the token’s price. Is a new ATH under work for XRP this September? Let’s find out. Also Read: BRICS: China Exporters Stockpile $500 Billion, Chinese Yuan Could Rise Ripple: New Developments XRP is trading at $0.52, down 0.14% in the last 24 hours. The token is down 3% in the last seven days and 9% in the last month. Despite its grand win against the US SEC, XRP cannot shed market pressure and is gradually swaying back and forth between the $0.50-$0.55 price range. Several leading crypto analysts have, however, issued bullish forecasts for XRP. According to Jack the Rippler, XRP is trading at a lower tier to bounce back noticeably eventually. #XRP has reached the bottom. The next move is a parabolic pump to a new all-time high! pic.twitter.com/vaDCPvbhgo —...