News center > 7*24H News > Featured > Context
Analyst: Bitcoin’s failure to remain above the 100,000 mark highlights that it remains a high-risk trade
Editor
2024-12-09 20:02 4,812
Golden Finance reported that last week, Bitcoin exceeded the $100,000 mark for the first time, and then the recent gains fell back. XTB’s Kathleen Brooks said in a report that Bitcoin’s fall below the $100,000 mark highlights the “risk and unpredictability of cryptocurrencies.” Bitcoin's recent surge in value comes in the wake of Trump's victory in the U.S. presidential election, which has boosted the industry on hopes that Trump will provide more cryptocurrency-friendly regulations.
Keywords: Bitcoin
Share to: