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Bitcoin’s brief surge above 100,000 USD affects market

Bitcoin’s 100,000 USD fall impacts market: Bitcoin’s rally to over 100,000 USD was short-lived, as its price fell to 98,000 USD. This abrupt decline led to a liquidation of 495 million USD in leveraged trades, significantly affecting long positions, particularly on the DOGE/USDT trading pair on Binance.

Optimism for ETH after january: Analysts from QCP Capital forecast Bitcoin will maintain its range until 2025. They are optimistic about Ethereum’s potential new all-time highs after January, post-halving. The market is showing a preference for ETH calls starting in January, hinting at positive sentiments.

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