Cryptocurrencies Price Prediction: Bitcoin, Litecoin & VanEck – European Wrap 23 December
|Bitcoin recovers above 95k, can BTC retake 100k?
Bitcoin rose to an all-time high of 108k a week ago, boosted by optimism surrounding a more crypto-friendly environment under Trump and on hopes of a Bitcoin strategic reserve. However, the price failed to hold this level, tumbling sharply to a low of 92k on Thursday after a more hawkish Federal Reserve. Can Bitcoin retake the key 100k milestone and eye fresh all-time highs?
Litecoin Price Prediction: LTC tries to retake $100 resistance as miners halt sell-off
Litecoin price grazed 105 mark on Monday, rebounding 22% from the one-month low of $87 recorded during last week’s market crash. On-chain data shows sell pressure among LTC miners has subsided. Is the bottom in?
VanEck: Bitcoin reserve could cut US debt by 36% by 2050
VanEck suggests that a Strategic Bitcoin Reserve could reduce the U.S. national debt by 36% by 2050, aligning with Senator Cynthia Lummis's proposal for the country to accumulate one million Bitcoins over the next five years. Lummis believes this reserve could provide long-term financial stability and protect future generations from inherited debt burdens.
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