- Investors in derivative markets are expecting the leading cryptocurrency Bitcoin to reach $100,000 within this year. Data from one of the largest derivative exchanges, Deribit, shows that the expectation for BTC to reach $100,000 before the end of the year is strengthening.
- Bitcoin is recovering rapidly due to the statement made by the US Federal Reserve (FED) Chairman Jerome Powell last week that they are not considering raising interest rates and the impact of the US non-farm employment (NFP) data announced on Friday.
- Analysts from QCP Capital state that after the recovery from Friday to the weekend, they see volatility and an upward trend in BTC. As a result of the BTC risk turning positive in September, investors’ expectations of $75,000 to $100,000 are renewed.
Bitcoin is expected to reach $100,000 this year, according to data from Deribit, one of the largest derivative exchanges. The leading cryptocurrency is recovering rapidly due to the statement made by the US Federal Reserve (FED) Chairman Jerome Powell last week that they are not considering raising interest rates and the impact of the US non-farm employment (NFP) data announced on Friday.
Bitcoin’s Expected Rise to $100,000
According to data from Deribit, one of the largest derivative exchanges, investors are expecting Bitcoin to reach $100,000 within this year. This expectation is strengthening due to the statement made by the US Federal Reserve (FED) Chairman Jerome Powell last week that they are not considering raising interest rates and the impact of the US non-farm employment (NFP) data announced on Friday. Analysts from QCP Capital state that after the recovery from Friday to the weekend, they see volatility and an upward trend in BTC. As a result of the BTC risk turning positive in September, investors’ expectations of $75,000 to $100,000 are renewed.
Upcoming Crypto Projects Gaining Attention
With the recent developments and Bitcoin seeming to prepare for a bull run, investors are excitedly waiting for a rapid rise in the entire market. In anticipation of a possible BTC bull, investors are searching for promising coins. The Sealana token, which made a quick entry into the crypto ecosystem with its pre-sale event, and the 6-chain Dogeverse, are among the most attention-grabbing projects.
Solana-Based Sealana Token Approaches $300,000
The Solana-based meme coin projects continue to be the most attention-grabbing cryptocurrencies recently, and the newly started pre-sale event for the Sealana (SEAL) token is receiving intense interest from the crypto world. The number of investors wanting to buy the Sealana token, which has so far raised funds close to $300,000 in its donation-focused pre-sale, is increasing every day.
6-Chain Dogeverse Token Surpasses $13 Million
According to its performance in the pre-sale event, the Dogeverse token, which is shown among the best cryptocurrencies, is breaking records by exceeding $13 million in collected funds. The Dogeverse token, which plans to bring together crypto communities by removing barriers between the 6 major block chains listed as Ethereum, Solana, Avalanche, Polygon, Base, and BNB Chain, is eagerly awaiting exchange listings.
Conclusion
With Bitcoin’s expected rise to $100,000, the crypto market is preparing for a possible bull run. In anticipation, investors are turning their attention to promising projects like the Sealana token and the 6-chain Dogeverse. As these projects continue to gain momentum, the crypto market is set for an exciting end to the year.
