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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Standard Chartered analyst: BTC may surpass $109,000 in the next few days, reaching a new all-time high
Odaily Planet News According to Geoff Kendrick, an analyst at Standard Chartered Bank, BTC may surpass its record of around $109,000 next week, and its price could reach as high as $130,000 between February and March. Trump did sign the Cryptocurrency executive order last week. Kendrick said that with the introduction of this order and the Federal Reserve maintaining a stable interest rate, the uncertainty that brought resistance to the rise of Cryptocurrency has diminished. He explained, 'The market positioning is clearer. In any case, if AI tools with lower costs (marginally) drop inflation, risk assets unrelated to AI, such as BTC, should benefit. As the risks temporarily subside, the momentum of BTC seems to be strengthening again.' (Businessinsider)