Odaily Planet Daily News IG Australia's market analyst Tony Sycamore said, "Buyers are suppressing sellers. Although I am not sure if everything will go smoothly when approaching the $100,000 mark, the demand seems to be endless." Speculators are increasingly following when BTC will break through the $100,000 mark, rather than whether it will break through. Supporters who believe that BTC is a modern store of value see the six-figure price as a symbolic rebuttal to skeptics who believe that cryptocurrencies are almost useless and condemn their connection to money laundering and crime. (Bloomberg)
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Odaily Planet Daily News IG Australia's market analyst Tony Sycamore said, "Buyers are suppressing sellers. Although I am not sure if everything will go smoothly when approaching the $100,000 mark, the demand seems to be endless." Speculators are increasingly following when BTC will break through the $100,000 mark, rather than whether it will break through. Supporters who believe that BTC is a modern store of value see the six-figure price as a symbolic rebuttal to skeptics who believe that cryptocurrencies are almost useless and condemn their connection to money laundering and crime. (Bloomberg)