As Bitcoin (CRYPTO: BTC) rapidly approaches the $100,000 milestone, experts tell Benzinga its dominance is about to hit a crucial turning point. They attribute this rise to record-breaking trading volumes, increasing institutional adoption and a shift in investor focus toward Bitcoin as a quality asset.

A closely followed crypto analyst believes that Ethereum (ETH) is potentially on the verge of plummeting against Bitcoin (BTC). Pseudonymous analyst Altcoin Sherpa tells his 230,400 followers on the social media platform X that the low for Ethereum in its Bitcoin pair (ETH/BTC) may not yet be in as the flagship digital asset nears $100,000.

Bitcoin, the world's largest cryptocurrency, is approaching a milestone that only the most bullish of analysts predicted to see in 2024. The digital currency flew above $99,400 overnight, coming within a whisker of $100,000 for the first time in history.

This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trading around 3% higher in a single day boosted by the optimism in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin $0.3923 $57.6 Billion +2.8% +5.3% Shiba Inu $0.00002496 $14.7 Billion +4.2% +3.1% Trader Notes: Analysts see bullish potential for the top two meme coins.

Bitcoin's jump to $99,180 has turned heads, and Peter Schiff thinks MicroStrategy played a big role. The company, known for buying huge amounts of Bitcoin, recently raised $3 billion through convertible debt to add even more to its holdings. This move not only pushed Bitcoin's price higher but also increased MicroStrategy's stock value.

Michael Saylor's company continues its aggressive bitcoin accumulation strategy with a new major fundraising, even as its stock is undergoing a brutal correction in the markets.

After a sharp decline on Thursday, MicroStrategy Inc. (NASDAQ:MSTR) is showing signs of recovery in pre-market trading on Friday. What Happened: MicroStrategy experienced a 2.73% increase in pre-market trading early Friday morning, following a significant 16% drop on Thursday, according to Benzinga Pro on Friday.

As the price of Bitcoin approaches $100,000, Blackrock and Fidelity ETFs gobbled up the vast majority of the new capital.

Bitcoin has so far continued to level up in terms of price performance, hitting new highs consistently for the past week. As a result of this, investors seem to be curious about whether it's time to secure profits or stay bullish for the next leg of the cycle.

As investors diversify their portfolios and look for opportunities elsewhere, Bitcoin's ability to maintain its position could be tested.

Chinese crypto owners just got a huge break following a new court ruling that states that holding crypto is not illegal. A judge at a Shanghai court has clarified that individual ownership of cryptocurrencies does not break any Chinese law.

In a recent interview, Senator Cynthia Lummis said that accumulating more Bitcoin could help cut the US Debt by half in 20 years, sparking market optimism. Notably, Lummis has been a vocal supporter of BTC, which has gained significant attention from the crypto market participants lately.

Prominent crypto analyst and CEO of CryptoQuant Ki Young Ju recently shared an interesting perspective on the price movement of Bitcoin (BTC). As the price of Bitcoin surpassed the $100,000 mark on the Chicago Mercantile Exchange platform, many began to discuss where the ceiling is for the price of the market's largest cryptocurrency.

Dogecoin now has a $60B market cap that surpasses some major, established companies—even though it's still 48% below its all-time high! Dogecoin has shown considerable demand over the past two weeks, rising in value by 98%. However, analysts suggest that this momentum could continue, with a long-term price target of up to $2.4.

The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day.

As of November 22nd, Bitcoin has surged by over 10% this week, smashing its previous records to hit a staggering all-time high of $99,229 before stabilizing above $98,800. Investors and enthusiasts are now watching closely as the leading cryptocurrency inches closer to the psychological milestone of $100,000.

Dogecoin has risen by 1.5% in the past 24 hours, with some analysts now predicting that it will reach new all-time highs next year. The post Is Dogecoin Entering A Parabolic Surge? Analysts Predict DOGE Price to Peak Above $20 appeared first on Cryptonews.

On this day two years ago, Bitcoin suffered a huge drop, falling below $16,000. The crash was a moment of uncertainty for many investors, but for those who saw an opportunity, it has paid off handsomely.

Bitcoin (BTC) is nearing the long-awaited psychological level of $100,000 (or $100k) per coin, bringing mixed feelings among analysts. While some are dominated by pure euphoria, eyeing the next round target for BTC price, others show disbelief or caution.

MicroStrategy has completed its offering of 0% convertible senior notes. The company states the net proceeds from the offering will be used to purchase more Bitcoin.

A look at the day ahead in U.S. and global markets from Mike Dolan

BTC peaked at $99,500, but can it go any further?

The $2.86 billion Bitcoin options expiry could trigger short-term volatility, particularly as traders anticipate Bitcoin reaching the $100,000 mark.

TL;DR Bitcoin (BTC) is nearing the $100,000 mark, currently trading at approximately $98,000, driven by favorable market conditions and significant developments within the cryptocurrency space. Ripple (XRP) has surged by 70.82% in the past week, reaching a three-year high of $1.40, following the resignation of SEC Chairman Gary Gensler.

Spot Bitcoin ETFs in the U.S. witness $1 billion in daily net inflows as Bitcoin's price hovers just above the $99,000 mark.

Story Highlights The live price of the Bitcoin token is Bitcoin's price may reach $100k if the bullish sentiment is sustained. BTC price is expected to make a meteoric rise toward $347,782 by 2030. The cryptocurrency market has achieved a new milestone by achieving the $3.3 Trillion mark as Donald Trump endorses Bitcoin.

As Bitcoin inches toward the $100,000 mark, MicroStrategy's stock has experienced notable volatility. MSTR shares closed at $397.28 on Thursday, marking a sharp 25% decline from its all-time high of $536.70.

Dollar soars, euro and pound stumble on weak data and dovish central bank bets. Can Bitcoin's rise to $100K redefine market dynamics?

Through most of November, Bitcoin (BTC) has been moving towards the long-predicted $100,000 price target – sometimes making rapid daily leaps, sometimes inching upward ever so slowly.

Dogecoin maintains steady support above $0.380, breaking key technical resistance levels while establishing a strong foundation for potential moves toward the $0.400 price target.

Bitcoin price rallied to a new all-time high of about $99.5K earlier today catalyzed by ongoing institutional FOMO.

XRP and Cardano lead an altcoin surge as Bitcoin consolidates, signaling a redistribution of profits and market focus.

It seems that the price of BTC really wants to try to break through the now very famous wall of 100,000 USD.

As Bitcoin ($BTC) approaches $100,000, Gary Gensler, chairman of the SEC, and long time opposer of all things crypto, has decided to step down when Donald Trump takes over the U.S. presidency in January. Is operation Chokepoint 2.0 finally at an end?

Elon Musk has rekindled his influence over the dog-faced meme token following Trump's election win.

Texas lawmakers begin early-stage discussions about potential Bitcoin strategic reserve legislation, following similar initiatives in Pennsylvania and at the federal level.

Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins.

The Maker (MKR) token has seen a notable surge in whale activity, with large transactions jumping by a staggering 1,400%. Despite this increase in large-scale transactions, technical indicators and on-chain metrics are sending mixed signals about the future direction of MKR's price.

Bitcoin's push toward $100K following Trump's election victory sparks debate over the digital currency's next major move.

The return of Donald Trump to the White House could mark a historic turning point for Bitcoin. The proposal for a national strategic reserve of Bitcoin, pushed by Republican legislators, is gaining credibility with Trump's victory in the 2024 presidential election.

Bitcoin whales continue accumulating as BTC inches closer to $100,000.

Bitcoin has set a new all-time high (ATH) beyond the $98,000 level today, as on-chain data shows cryptocurrency inflows have rocketed up.

Hong Fang, President of OKX — a leading Web3 technology company and the world's second-largest cryptocurrency exchange by trading volume — shared her expert insights on the unprecedented surge of Bitcoin and the broader implications for the crypto industry.

The company has now earned over $73 million in Bitcoin (BTC) after processing an impressive 1.1 million transactions in the digital currency. This shows just how far Bitcoin has come and how it's making a big impact on businesses around the world.

At the time of writing, Bitcoin is trading at a price of $99,040.43. Most Bitcoin enthusiasts anticipate that the market could hit the milestone of $100K within a few hours. Reports suggest that this Christmans could be a day of great accomplishment for Bitcoin.

Bitcoin (BTC) price today trades at as of . BTC price hit a daily high of today after rallying % on.

Bitcoin's record monthly gains come eight days before the end of November — historically the most bullish month for Bitcoin returns.