Bitcoin is close to reaching $100,000 after a six-day rally, with expectations for a new all-time high.

From Investing.com

January 6, 2025 10:00 AM:

Bitcoin is approaching $100,000 for the first time in 2025 after a six-day gain, currently trading at $99,021 with intraday highs of $99,888. The cryptocurrency started the year at $91,887, marking six days of gains and potentially a seventh. Expectations are high for a new all-time high in January.

MicroStrategy plans to raise $2 billion for Bitcoin purchases, while Metaplanet announced buying 10,000 BTC. Michael Saylor teased a potential Bitcoin purchase today, usually causing price fluctuations. Investors are awaiting the Fed’s January meeting for monetary policy decisions, with a predicted rate pause after a December interest rate drop.

Read more at Investing.com: Bitcoin Nears $100,000 as Six-Day Rally Powers 2025 Surge: Details By U.Today