Bitcoin is on the rise again, after reaching almost $100,000 last week, it fell back to $95,750. Now, the price has broken through a descending trendline and is attempting to reach $100,000 once more. Institutions are buying Bitcoin, with the U.S. Spot Bitcoin ETFs having five days of net inflows. Tether has also printed an additional $3 billion USDT.
Pro-crypto Trump administration picks have been made, with Janet Yellen resigning from her position as Treasury Secretary. The 2-week chart for Bitcoin is looking very bullish, with a close above the ascending trendline and the $100,000 horizontal level potentially signaling higher prices to come.
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<p>The post Breaking News: Bitcoin Heads Towards $100,000 as Institutions and US ETFs Keep Buying, And Tether Prints Another $3 Billion USDT first appeared on CoinBuzzFeed.</p>
