Bitcoin, Ethereum, Dogecoin Prep For Early Thanksgiving: 'BTC Is Currently (Less Than) One ETH Away From $100,000,' Says Trader

Benzinga 2024-11-22

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Cryptocurrency markets are on the rise, with Bitcoin nearing $100,000, boosted by increasing large transaction volumes and discussions of a Solana ETF. XRP saw gains following Gary Gensler's resignation announcement on Donald Trump’s inauguration day. Large Bitcoin transactions over $100,000 rose sharply, while exchange netflows declined by 89%. Analysts suggest Bitcoin could reach $120,000 if current trends persist, though traders note muted enthusiasm compared to previous bull runs.

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