Bitcoin price steady, altcoin rally cools as traders await regulatory cues

From Investing.com

December 4, 2024 01:23:44 AM:

Bitcoin saw a slight rise, hovering below recent highs as traders awaited news on U.S. policy and Trump’s impact on crypto. Altcoins also cooled in anticipation of positive regulatory cues. Bitcoin remained in a range of $90,000 to $100,000 after Trump’s election win. Trump’s promises of crypto-friendly policies are in focus. Trump’s picks for key roles show pro-crypto stances. Concerns remain about Trump’s ability to fulfill promises, especially regarding a Bitcoin reserve. Traders are cautious ahead of Fed cues and await data on U.S. interest rates. Altcoins like Ethereum, XRP, and Dogecoin saw varied movements. XRP surged on speculation of SEC lawsuit drop. Meme coin Shiba Inu fell slightly.

Read more at Investing.com: steady at $96k, altcoin rally cools before more cues By Investing.com