The post Bitcoin Hits Landmark Price as Altcoins Surge appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) has reached a historic milestone, surpassing six-digit prices for the first time. This achievement marks a significant step in its cyclical journey. The support from high-profile figures like Donald Trump reinforces this upward trend, but there is also growing interest in altcoins. What Are the Predictions for VET and JUP? As BTC approaches its previous all-time high, profit-taking is anticipated. This influx of liquidity into the market is expected to benefit altcoins, particularly those with lower market caps, leading to potential surges in value. Many traders hope for substantial returns based on past performances. Can VET Coin Exceed Expectations? Michael Poppe highlights VET Coin as a promising player in this market phase, with recent upward momentum suggesting it could surpass previous limits. If it breaks the $0.10 barrier, reaching as high as $0.30 is within reach. – Bitcoin’s price exceeds $100,000 for the first time. – Altcoins like VET and JUP are showing significant growth potential. – Historical trends suggest high returns for altcoin investors if liquidity shifts from BTC. – VET is focusing on real-world applications, enhancing its value proposition. The MACD intersection indicates that Bitcoin’s recent rise was anticipated by specific market signals. As BTC trades around $103,235, the current performance stands in stark contrast to last year’s struggles, where it barely crossed the $20,000 mark. Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research. Source: https://en.bitcoinhaber.net/bitcoin-hits-landmark-price-as-altcoins-surge

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Filed under: News - @ December 5, 2024 6:26 pm