Future

NVIDIA

Bitcoin

Strong

Impact

<p>December 5 was a big day for the cryptocurrency market; it was on that day that the <a href="https://coinpedia.org/price-analysis/bitcoin-hits-100k-a-historic-milestone-for-cryptocurrency/" target="_blank" rel="noreferrer noopener">market achieved the milestone of $100K</a>. Unfortunately, the market could not stay above the range for long; at the time of close on December 5, the market plummeted to $96,902.91.</p>   
<p>Although between December 6 and 8, the market witnessed a growth of 4.2%, pushing the price again above the $100K range, in the next couple of days, the market saw the price sharply dropping by at least 4.4%. The market has not yet recovered from the fall. Let’s example what’s holding BTC back, and whether the market can break past $100,000 sustainably.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-liquidity-inflows-slow-down-nbsp">Liquidity Inflows Slow Down&nbsp;</h2>   
<p>Among the two key reasons that are holding Bitcoin back, the primary one is liquidity.&nbsp;</p>   
<p><a href="https://10xresearch.co/" target="_blank" rel="noreferrer noopener nofollow">Reports say</a> that inflows from stablecoins, BTC ETFs and futures markets have reduced considerably in the last 30 days. The Liquidity Impulse chart shows that inflows have sharply dropped from $15 billion to $7 billion.&nbsp;</p>   
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</figure>   
<p>Strong activity in channels, including stablecoins, BTC ETFs and futures, is necessary for the growth of Bitcoin.</p>   
<p class="has-background" style="background-color:#e9f0ff"><strong>Want to know where Bitcoin is heading next? Read <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin Price Prediction</a> to uncover expert insights and potential market trends!</strong></p>   
<h2 class="wp-block-heading" id="h-nvidia-s-impact-on-bitcoin-s-price-nbsp">Nvidia’s Impact on Bitcoin’s Price&nbsp;</h2>   
<p>Secondly, since December 5, the price of NVIDIA Corporation has slipped by over 6.8%. Experts claim that there is a strong correlation between NVIDIA and Bitcoin.&nbsp;</p>   
<p>Last year, both BTC and NVDA showed impressive performance; the NVDA market grew by approximately 245.53%, while the BTC market surged by over 155.4%.&nbsp;</p>   
<p>This year, also, <a href="https://coinpedia.org/crypto-live-news/nvidia-becomes-the-worlds-largest-company-by-market-cap/" target="_blank" rel="noreferrer noopener">NVIDIA has outperformed Bitcoin</a>. The NVIDIA market has raisen over 180% so far, while Bitcoin has grown just a little more than 130%.&nbsp;</p>   
<p>Although in November 2024, Bitcoin demonstrated an impressive growth of 37.4% - the highest monthly return since February, it was a miserable period for NVIDIA, which could only secure a minor growth of 2.68%.&nbsp;&nbsp;</p>   
<p>This month, the NVDA market opened at $138.67. Between December 3 and 4, it climbed from $138.22 to a peak of over $145.13. Since then, it has dropped by 6.89%.&nbsp;</p>   
<figure class="wp-block-image size-large">
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</figure>   [post_titles_links postid="391728"]   
<h2 class="wp-block-heading" id="h-future-prospects-for-the-bitcoin-market-nbsp">Future Prospects for the Bitcoin Market&nbsp;</h2>   
<p>There is a high chance that Bitcoin could break above the $100,000 level again in the near future. However, the sustainability of the breakout depends primarily on the aforementioned two factors: liquidity inflows and overall market risk sentiment.</p>   [article_inside_subscriber_shortcode title="Never Miss a Beat in the Crypto World!" description="Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more." category_name="News" category_id="6"]   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1733917419171">
  <strong class="schema-faq-question"><strong><strong>What is Bitcoin’s price prediction today?</strong></strong></strong> 
  <p class="schema-faq-answer">The BTC price may range between $95,500 and $102,000 for the next 24 hours.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733917457624">
  <strong class="schema-faq-question"><strong><strong>What is the Bitcoin price prediction for tomorrow?</strong></strong></strong> 
  <p class="schema-faq-answer">If the bullish sentiment sustains, the star crypto may continue gaining value tomorrow.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733917465419">
  <strong class="schema-faq-question"><strong><strong>What is the Bitcoin price prediction for this month?</strong></strong></strong> 
  <p class="schema-faq-answer">With a potential surge, the Bitcoin (BTC) price may close the month with a high of $110,000.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733917479610">
  <strong class="schema-faq-question"><strong><strong>How much will $1 Bitcoin be worth in 2030?</strong></strong></strong> 
  <p class="schema-faq-answer">In 2030, the price of 1 Bitcoin could reach a height of $610,646.</p> 
 </div> 
</div>

Bitcoin Price Today: Key Factors Behind the $100K Setback

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