#ReboundRally

Bitcoin remains below $100,000, but the market anticipates a recovery

The star asset sank to the $96,000 area. However, experts say it could close strongly in 2024. What's happening with Ethereum.

After reaching a new all-time high ($108,268), the price of Bitcoin was under a strong downward trend that positioned it below $100,000 since last Thursday.

Although the main cryptocurrency of the financial ecosystem is now located in the $96,000 area, the truth is that it touched the $93,000 line and generated concern among savers.

The key point of this streak was linked to the decision taken by the United States Federal Reserve (Fed), which decided to cut rates a few days after Donald Trump's inauguration.