Analysts believe several tailwinds could drive Bitcoin to the $100,000 mark this year, including the cooling of US inflation. As inflation declines, the Federal Reserve may be more inclined to begin cutting interest rates, which would benefit risk assets like Bitcoin. Additionally, the approval of spot Bitcoin ETFs and the upcoming Bitcoin halving event are expected to contribute to increased demand and price appreciation for the cryptocurrency.Read more on Decrypt
Cooling Inflation Could Push Bitcoin to $100K
