Bitcoin News

Peter Schiff, a staunch supporter of gold and long-time critic of Bitcoin, has once again stirred controversy with his recent comments on the cryptocurrency.

Bitcoin recently made headlines by briefly surpassing the $100,000 mark for the first time in its history, but its momentum stalled as it dipped back below this level.

El Salvador, which made headlines by becoming the first country to adopt Bitcoin as legal tender, is now reconsidering its stance on the cryptocurrency.

Institutional interest in Bitcoin continues to rise, fueled by developments such as the approval of spot Bitcoin ETFs in the U.S. and the return of pro-crypto policies under Donald Trump’s leadership.

As Bitcoin hovers around the $100,000 mark, Galaxy Digital CEO Mike Novogratz has weighed in on the milestone, acknowledging its significance while also issuing a warning about the risks of excessive leverage in the market.

The U.S. Treasury Department has recently highlighted Bitcoin’s evolving role, drawing comparisons between the cryptocurrency and “digital gold.”

Holiday season is here, and many investors wonder whether Bitcoin will continue its uptrend after recently breaching the $100,000 level.