Bitcoin Skyrockets to $99K as Global Crypto Market Booms

Crypto Prices Surge as Bitcoin Hits New Highs

The cryptocurrency market is experiencing a bullish trend, with Bitcoin (BTC) reaching an impressive $99,000. This marks a significant rebound from its previous low of $92,000. According to CoinGape, the Bitget Exchange token (BGB) has also shown remarkable growth by jumping 26% in just 24 hours and climbing 48% over the week. Meanwhile, Movement (MOVE) saw a price increase of 15%, contributing to the global crypto market cap's rise to approximately $3.43 trillion.

Korean Investors Dive into Cryptos Amid Trump-Driven Craze

The Korea Economic Daily reports that South Korean investors are increasingly turning towards cryptocurrencies amidst optimism surrounding Donald Trump's upcoming presidential inauguration. The daily trading volume on Korean exchanges now rivals that of the country's top stock markets, highlighting a growing risk appetite among local traders compared to their international counterparts.

Cathie Wood Predicts Massive Growth for Bitcoin

In an interview covered by The Motley Fool, renowned investor Cathie Wood reiterated her prediction that Bitcoin could reach between $1 million and $1.5 million by 2030. She emphasized institutional interest in digital assets as key drivers behind this forecast and noted how new tools like spot ETFs have made it easier for large investors to enter the space.

Vietnam Crypto Market Report Highlights Investor Optimism

The Vietnam Crypto Market Report released through collaboration between Kyros Ventures and BingX reveals strong confidence among Vietnamese investors regarding future altcoin performance. As reported by The Daily Hodl, more than half expect profits from their investments next year while anticipating regulatory advancements that could further bolster industry growth within Vietnam’s dynamic ecosystem.

Ethereum Expected To Surpass Key Price Levels Before Inauguration Day

An analysis shared via Bloomingbit suggests Ethereum may exceed $4k before President-elect Joe Biden takes office on January 20th. This is due largely to recent positive developments such as SEC Chairman Gary Gensler stepping down, leading to increased optimism around Ripple XRP prices too!

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Article Summary

The cryptocurrency market is booming with Bitcoin reaching $99,000 and other tokens like Bitget Exchange token (BGB) and Movement (MOVE) experiencing significant gains, while South Korean investors are increasingly investing in cryptocurrencies amid optimism about Donald Trump's inauguration. Renowned investor Cathie Wood predicts Bitcoin could reach up to $1.5 million by 2030 due to institutional interest, as Ethereum is expected to surpass key price levels before Joe Biden's inauguration amidst positive developments in the crypto space.