{"id":143986,"date":"2024-12-04T23:02:50","date_gmt":"2024-12-04T21:02:50","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143986"},"modified":"2024-12-04T23:17:50","modified_gmt":"2024-12-04T21:17:50","slug":"bitcoin-gains-momentum-setting-sights-on-the-100k-milestone","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-gains-momentum-setting-sights-on-the-100k-milestone\/","title":{"rendered":"Bitcoin Gains Momentum, Setting Sights on the $100K Milestone"},"content":{"rendered":"<p>This upswing follows key developments that appear to have fueled renewed investor optimism.<\/p>\n<p>Donald Trump\u2019s <strong><a href=\"https:\/\/cryptodnes.bg\/en\/trump-reveals-his-pick-to-lead-sec-after-gary-genser-steps-down\/\">announcement<\/a> <\/strong>of a pro-crypto nominee for SEC chair, coupled with a dovish tone from Federal Reserve Chair Jerome Powell, contributed to the bullish momentum.<\/p>\n<p>Additionally, substantial inflows into BlackRock\u2019s Bitcoin Spot ETFs further bolstered market sentiment. Over the past 24 hours, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s price<\/a> <\/strong>has climbed by almost 3.5%, with altcoins registering even greater gains.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoins-surge-beyond-100k-could-trigger-supply-shortage-predicts-crypto-expert\/\" title=\"Bitcoin\u2019s Surge Beyond $100K Could Trigger Supply Shortage, Predicts Crypto Expert\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-bitcoin-currency-3341504_1280-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin\u2019s Surge Beyond $100K Could Trigger Supply Shortage, Predicts Crypto Expert<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>However, the rally also triggered a wave of <strong><a href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"nofollow\">liquidations<\/a> <\/strong>across the broader cryptocurrency market.<\/p>\n<p>In the last 24 hours, liquidations reached $457.12 million, with $238.64 million coming from long positions, and 218.49 million in shorts. Bitcoin, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong>, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a><\/strong>, and <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Solana<\/a> <\/strong>were among the most liquidated assets during this volatile period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin recently surged past $99,000, marking a significant rebound for the world\u2019s largest cryptocurrency.<\/p>\n","protected":false},"author":3,"featured_media":138566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-143986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the 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\/>\n<meta property=\"article:published_time\" content=\"2024-12-04T21:02:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-04T21:17:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/10\/unnamed-_2_-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1060\" \/>\n\t<meta property=\"og:image:height\" content=\"757\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/UoyhIpJ0QUV6uYL\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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