Victory Securities: Many analysts estimate that Bitcoin will break $100,000 by the end of the year

Zhou Lele, deputy chief operating officer of Shengli Securities, said that Trump's victory and the Fed's interest rate cuts have injected new vitality into the cryptocurrency market and triggered a market boom. The consensus is that the virtual asset market is optimistic about Trump's inauguration. Some institutions expect the price of Bitcoin to continue to rise, and many analysts estimate that Bitcoin can exceed $100,000 by the end of the year. The virtual asset market is ushering in a new period of prosperity. The inflow of stablecoins into exchanges is about $4.5 billion, far exceeding the net inflow of $1.63 billion of Bitcoin exchange-traded funds (ETFs). The holdings of exchange contracts and CME contracts have both hit record highs. The surge in capital inflows may indicate that there may be more investment opportunities in the future. (East Net)