Bitcoin Steady at $96K, Altcoin Rally Pauses
From Barchart: 2024-12-04 05:26:25
Bitcoin’s price holds steady at $96,000 post-Trump re-election rally, with altcoins cooling off. Analysts cite profit-taking and U.S. rate hike anticipation as reasons for Bitcoin’s consolidation phase. Altcoins like Ethereum and Solana slow down as investors monitor Bitcoin dominance. Positive market sentiment persists amid hopes for pro-crypto policies under Trump. Investors closely track macroeconomic cues for Bitcoin’s next move towards $100,000.
Read more at Barchart:: Bitcoin Steady at $96K, Altcoin Rally Pauses