Victory Securities: Several analysts estimate that BTC could break $100,000 before the end of the year, and the virtual asset market will usher in a new boom period.

2024-11-14 07:32:37

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Golden Finance reported that Zhou Lele, Vice President of Victory Securities, stated that Trump’s election victory and the Fed’s interest rate cuts injected new vitality into the cryptocurrency market and sparked a market frenzy. Consensus is optimistic about the virtual asset market after Trump takes office. Some institutions predict that the price of BTC will continue to rise, and several analysts estimate that BTC could exceed $100,000 before the end of the year, signaling a new period of prosperity in the virtual asset market. The inflow of stablecoins to exchanges is about $4.5 billion, far exceeding the net inflow of BTC ETFs at $1.63 billion. The holdings of exchange contracts and CME contracts have reached a historic high, indicating a surge in capital inflows and possibly more investment opportunities in the future.

BTC-2.5%

GTC-2.23%

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