Bitcoin

Hey folks, Welcome back! Bitcoin has reached <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">$106,000</a> – a world record for cryptocurrencies and a brand new signal of optimism within the crypto market. Experts and economists are estimating further growth of Bitcoin’s price, some of which regarding to $120,000.This <a href="https://cryptotale.org/is-bitcoin-heading-to-120k-the-next-big-btc-breakout/" rel="noopener noreferrer nofollow">forecast </a>is based on past experiences after halving events and an increase in adoption levels.  With the Fear and Greed Index at 80, a lot of people now want to invest in Bitcoin because they consider it a way to guard their wealth against economic risk. However, market critics argue that the high volatility of the market is likely to result in major adjustments toward a bearish fall.Related: <a href="https://cryptotale.org/cryptos-rapid-growth-from-niche-to-mainstream-adoption/" rel="noopener noreferrer nofollow">https://cryptotale.org/cryptos-rapid-growth-from-niche-to-mainstream-adoption/</a>In the political aspect, Bitcoin is slowly carving its niche as a potential asset. President-elect Donald Trump has encouraged the development of a Bitcoin Reserve fund for the nation. He further stated that the asset would protect against traditional finance risks. While such proposals are still expected to be hypothetical, these indicate that there is a much-appreciated recognition of Bitcoins’ value. Further, Trump’s endorsement could encourage other leaders to start employing cryptocurrencies in national finance systems.<a href="https://cryptotale.org/the-blockchain-bulletin-dec-16-bitcoin-hits-a-new-ath-at-106k/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

The Blockchain Bulletin, Dec 16: Bitcoin Hits a New ATH at $106K

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