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#BTCReclaims101K Bitcoin reclaimed the $100K level as US November's inflation data aligned with expectations. Market participants expect the Fed to cut rates by 25bps due to the steady inflation figures. The general crypto market also saw an uptick of over 4%, with major altcoins like XRP, SOL and ADA leading the rally.
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#BTC100K! Here's the latest crypto news: - *Bitcoin's Price Movement*: Bitcoin's price is currently at $94,986.30, with a 1.95% increase in the last 24 hours ¹. - *Ethereum's Upsurge*: Ethereum's price has risen by 2.90% in the last 24 hours, reaching $3,577.99 ¹. - *Market Capitalization*: The global crypto market cap is $3.36T, with a 1.67% decrease over the last day ¹. - *Trending Coins*: XRP's price has increased by 16.57% in the last 24 hours, while Solana's price has risen by 5.51% ¹. - *Bitcoin's Potential Breakout*: Some analysts predict a potential Cup and Handle formation for Bitcoin, which could propel its price past $100,000 ². For more updates and analysis, you can check out TradingView and CoinMarketCap
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