{"id":3137,"date":"2024-11-22T13:03:15","date_gmt":"2024-11-22T13:03:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3137"},"modified":"2024-11-22T13:03:15","modified_gmt":"2024-11-22T13:03:15","slug":"bitcoin-nears-100000-momentum-could-continue-well-beyond-the-milestone-experts-note","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3137","title":{"rendered":"Bitcoin Nears $100,000, &#8216;Momentum Could Continue Well Beyond The Milestone,&#8217; Experts Note"},"content":{"rendered":"<div>\n<p>As <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) rapidly approaches the $100,000 milestone, experts tell Benzinga its dominance is about to hit a <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction\">crucial turning point<\/a>. <\/p>\n<p>They attribute this rise to record-breaking trading volumes, <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42042019\/bitcoin-buyer-spree-microstrategy-acquires-4-6b-in-btc-metaplanet-issues-11-4m-in-bonds-to-fund-purchases\">increasing institutional adoption<\/a> and a shift in investor focus toward <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42121936\/bitcoin-boom-20-microstrategy-gains-traction-as-a-leveraged-bet-on-crypto-growth\">Bitcoin as a quality asset<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Bitcoin is trading just below $99,000 at the time of writing, after hitting a record high of $99,486 late Thursday, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">data <\/a>from <strong>CoinGecko<\/strong>.<\/p>\n<p>In a note sent to Benzinga, <strong>Sumit Gupta<\/strong>, co-founder of <strong>CoinDCX<\/strong> pointed to the sharp increase in trading activity as a major driver, with daily spot trading volumes exceeding $25 billion and peaking above $40 billion, a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42135905\/bitcoin-nears-100000-momentum-could-continue-well-beyond-the-milestone-experts-note\" alt=\"Bitcoin\" nears could continue well beyond the milestone experts note>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As Bitcoin (CRYPTO: BTC) rapidly approaches the $100,000 milestone, experts tell Benzinga its dominance is about to hit a crucial turning point. They attribute this rise to record-breaking trading volumes, increasing institutional adoption and a shift in investor focus toward Bitcoin as a quality asset. What Happened: Bitcoin is trading just below $99,000 at the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3137","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3137"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3137\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}