Bitcoin managed to break above the $20,000 mark for the first time yesterday. However, upward move did not stop there and the cryptocurrency extended gains above $23,000! Upbeat sentiment towards digital assets can be reasoned with more news reports saying that more big Wall Street firms start to embrace cryptocurrencies. Chief Investment Officer of Guggenheim Investments, a major asset manager, even said that Bitcoin may climb towards $400,000! Bitcoin trades 10% higher today while Ripple gains 4% and Litecoin jumps 3%.
Bitcoin extends gargantuan rally above $23,000 as more investment companies embrace digital assets. Source: xStation5
Crypto News: Bitcoin drops 5%๐ Market returns to sell-off mode
Morning Wrap (01.12.2025)
Daily Summary: Wall Street and energy markets end the month on a wave of gains.
Crypto news: Bitcoin stabilizes after the sell-off ๐December Fed rate cut odds rise