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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-surpasses-100000-again-as-market-stabilizes/" data-wpel-link="internal">Bitcoin Surpasses $100,000 Again As Market Stabilizes</a> 
Bitcoin has once again exceeded the $100,000 mark, recovering from a significant drop that saw prices plummet by over $10,000 within minutes after reaching an all-time high (ATH). This dramatic decline resulted in over $1 billion in liquidations within 24 hours. As <a href="https://en.coin-turk.com/bitcoin-mining-difficulty-reaches-a-new-peak/" data-wpel-link="internal">cryptocurrency</a> investors approach the weekend, they remain hopeful given that the BTC price has returned to six-figure territory. 
<h2 style="text-align: justify" id="cryptocurrency-predictions">Cryptocurrency Predictions</h2> 
Typically, weekends in the <a href="https://en.coin-turk.com/binance-surpasses-100-trillion-in-trading-volume/" data-wpel-link="internal">cryptocurrency market</a> are calm, making Friday’s closing above six figures particularly noteworthy. As BTC surpassed $100,000, Ethereum (ETH) maintained its price above $4,000, suggesting that <a href="https://en.coin-turk.com/optimism-sees-record-profit-levels-and-trading-volume-surge/" data-wpel-link="internal">altcoin</a> investors could see significant gains over the next 48 hours. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-412761 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/12/BTCUSDT_2024-12-06_20-42-27.png" alt="" width="1814" height="836"> 
In recent statements, Federal Reserve member Hammack indicated that the institution is not directly involved with Bitcoin but is observing the developments in cryptocurrency. At the time of writing, BTC has risen past $100,700. Hammack commented on interest rate policies, noting that the U.S. economy is strong and the labor market is healthy. 
<blockquote> 
 “The determination of monetary policy is independent of national debt, which appears to be on an unsustainable growth path. It is too early to predict the impact of proposed tariffs. The labor market has become more balanced. The Fed has more work to do to reduce inflation, and the direction of monetary policy will be guided by data.” 
</blockquote> 
The post <a href="https://en.coin-turk.com/bitcoin-surpasses-100000-again-as-market-stabilizes/" data-wpel-link="internal">Bitcoin Surpasses $100,000 Again As Market Stabilizes</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Bitcoin Surpasses $100,000 Again As Market Stabilizes

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