From Morningstar: 2024-12-05 04:58:36

Bitcoin has surpassed $100,000 for the first time, fueled by a post-election rally and hopes of a crypto-friendly Trump administration. Analysts believe this milestone could attract new capital and spark more buying interest, despite potential technical sell signals. Investors should prepare for volatility in the crypto market, with significant price fluctuations expected. It is advised to approach bitcoin investing with caution and to define a clear time horizon. For beginners, physically backed ETPs can be a safer alternative to direct holding, reducing complexities in security and asset custody. When trading directly in cryptocurrencies, ensure to use secure, regulated platforms with a proven track record to protect your assets.



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