Bitcoin ($BTC ), which has been rising breathlessly since exceeding $ 70,000, broke a record by reaching 79,780.
Bitcoin, which does not transmit its relentless progress, renewed its peak by testing $ 79,780 in the morning hours. Donald Trump's victory in the US presidential elections was like a doping for BTC. The leader of cryptocurrencies, which continues to deteriorate almost no deterioration, has reached $ 80,000. Most crypto analysts see Bitcoin's main target as $ 100,000.
Even if Bitcoin dominance has not yet made a sharp decline, the increases in altcoins have excited its investors.
Demand for Bitcoin (#BTC ) is increasing
Bitcoin, which has been pricing correctly since exceeding $ 70,000, has ignited the crypto rally. The US presidential elections and FED interest rate decisions played a critical role in the BTC rise. In addition to these, net inflows from spot ETFs have been a driving force for Bitcoin. BTC, which generally spent the past November months on the rise, did not surprise this time either.
Crypto investors, on the other hand, are focused on altcoins during this process.
The pullback of Bitcoin dominance to 48 percent will trigger a new altcoin rally.
Ethereum (ETH) broke its zincs
Ethereum, which has been silent about Bitcoin's rise for a while, finally exploded. After the altcoins that stepped on the gas exceeded $ 2500, it showed a rise towards 3200. The critical resistance level for ETH will be $ 3500. The volume break of this level will increase the money inflow to altcoins and bring an increase in the ETH/BTC parity. The eagerly awaited altcoin rally can be used with ETH's peak update.
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