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The cryptocurrency platform Matrixport predicts that the price of Bitcoin could reach $100,000 by the end of January 2025. This is possible if the U.S. Securities and Exchange Commission (SEC) approves Bitcoin as the first strategic reserve asset. Matrixport experts believe that changes in cryptocurrency regulation from the SEC will have a significant impact on the market, and the growing popularity of Bitcoin, which could reach up to 8% of the global population, will help it become a legitimate asset, thereby increasing its price. Additionally, analysts believe that the increased adoption of Bitcoin will foster greater interest in other cryptocurrencies.

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Publication date: Friday, November 8, 2024, 09:20 MSK

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