#BTCReclaims101K Bitcoin reached a record high of 103,918 USD on December 5 before correcting 10%, dropping to a low of 90,200 USD in the pullback but quickly recovering.

• The CEO of CryptoQuant, Ki Young Ju, stated that demand from ETF funds and strong accumulation by institutions are limiting the extent of corrections in this bullish cycle.

Growth across the cryptocurrency market

The recovery of Bitcoin has triggered a strong price surge across the entire cryptocurrency market.