Chart of the Day – Bitcoin To Hit 100K This Year?
Bitcoin came tantalizingly close to hitting $94,000 early today, hitting a new all-time high of $93,800. Source: Brave New Coin Bitcoin Liquid Index As a result, the odds of Bitcoin hitting 100K this year have increased...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin came tantalizingly close to hitting $94,000 early today, hitting a new all-time high of $93,800.
Source: Brave New Coin Bitcoin Liquid Index
As a result, the odds of Bitcoin hitting 100K this year have increased according to Polymarket.
Source: Polymarket
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
Bitcoin miners earn under 1% of revenue from fees, hitting 10-year low
The decline in fee revenue for Bitcoin miners could threaten network security and push miners to diversify into AI and HPC sectors...
Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress
Strategy said it held 840,447 BTC as of Aug. 9 and has begun treating its Bitcoin reserve as a source of balance-sheet flexibility...
XRP drops below $1 for the first time in nearly two years
XRP's dip below $1 highlights vulnerabilities in cross-chain bridges, underscoring the need for robust security measures in crypto...
Dogecoin (DOGE) Price Prediction: DOGE Defends $0.070 Support as $0.0722 Breakout Could Spark a Bigger Recovery
Dogecoin is once again approaching an important turning point as price holds above a major support zone and network activity begin...
Crypto companies urge AI firms to give Bitcoin developers early access
The Bitcoin Policy Institute and other industry participants urged AI companies to offer early access to their frontier models to...
US bank regulator opens national bank charters to Bitcoin, crypto firms
This regulatory shift could boost institutional crypto adoption, enhancing legitimacy and potentially driving broader market parti...