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Bitcoin Price Prediction: Bulls Hold $103K as U.S. Crypto Milestones Boost Market Confidence

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Bitcoin is consolidating close to $103,000 as main crypto developments form market sentiment. Bitwise launched the primary U.S. Solana ETF, drawing $420mn regardless of the SEC shutdown, whereas SoFi Bank turned the primary within the U.S. to allow direct Bitcoin buying and selling for 12.6mn customers.

At the identical time, China’s hacking accusations in opposition to the U.S. added contemporary geopolitical pressure to an already unstable market.

Bitwise Launches First U.S. Solana ETF Despite SEC Shutdown

Bitwise Asset Management has made historical past by launching the primary spot Solana ETF (ticker: BSOL) on the New York Stock Exchange. The fund debuted on October 28, changing into the primary U.S. altcoin-based ETF and marking a significant milestone for the crypto business.

Despite the continued SEC shutdown, investor demand was robust, with the ETF attracting $420 million in its first week. The product offers traders a regulated and safe technique to acquire publicity to Solana (SOL), the sixth-largest cryptocurrency by market capitalization.

SoFi Becomes First U.S. Bank to Offer Bitcoin Trading

SoFi Technologies (NASDAQ: SOFI) has change into the primary nationwide financial institution within the United States to let clients purchase, promote, and maintain Bitcoin instantly inside their financial institution accounts. The characteristic is a part of the brand new SoFi Crypto platform, which can roll out to 12.6 million customers by the tip of 2025.

CEO Anthony Noto referred to as it a “pivotal second when banking meets crypto,” describing it as a safe and controlled manner for shoppers to enter digital property.

The launch follows new OCC and FDIC pointers beneath President Trump’s deregulatory agenda, permitting banks to deal with cryptocurrency buying and selling and custody. Unlike exchanges, SoFi offers FDIC-insured accounts and strict compliance monitoring, interesting to cautious traders.

SoFi additionally plans to launch crypto-integrated lending and a stablecoin, signaling its deeper transfer into blockchain finance and boosting confidence in Bitcoin’s mainstream adoption.

China Accuses U.S. of Role in Massive Bitcoin Hack

China’s National Computer Virus Emergency Response Center (CVERC) has accused the United States of involvement in one of many largest Bitcoin thefts in historical past, the 2020 hack of the LuBian mining pool, which resulted within the lack of 127,000 BTC.

Beijing claims the breach was a part of a coordinated cyber operation linked to U.S. intelligence businesses. The stolen Bitcoin, value billions of {dollars}, has reportedly been traced throughout a number of wallets and mixers.

The accusation provides new pressure to the continued U.S.–China tech and cybersecurity rivalry, as each nations ramp up blockchain oversight and digital finance safety measures.

Bitcoin Holds $103K as Bulls Defend Key Support Zone

Bitcoin (BTC/USD) is buying and selling close to $103,300, consolidating after final week’s high round $107,500. On the 4-hour chart, BTC is forming a rising wedge, a sample that usually alerts short-term pullbacks after robust rallies. The newest rejection close to the wedge high got here with a bearish engulfing candle, hinting at profit-taking.

Despite the dip, BTC stays above the 20-EMA, displaying that bullish sentiment stays intact. The RSI at 45 factors to impartial momentum, leaving room for a rebound if patrons step in close to assist. The subsequent key ranges sit at $101,400 and $99,200, each areas the place demand beforehand returned.

Bitcoin Price Chart – Source: Tradingview

A transfer above $104,500 might verify renewed bullish momentum, focusing on $107,500 and $110,500 — the wedge’s higher boundary. But a break beneath $101,400 dangers deeper losses towards $99,200.

For merchants, shopping for dips round $101K–$103K with stops beneath $99K stays the popular setup. If momentum rebuilds, Bitcoin might goal for $111,000, supported by rising institutional inflows and regular macro sentiment.

Bitcoin Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a brand new part to the Bitcoin ecosystem. While BTC stays the gold commonplace for safety, Bitcoin Hyper provides what it all the time lacked: Solana-level velocity.

Built as the primary Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The outcome: lightning-fast, low-cost sensible contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the mission emphasizes belief and scalability as adoption builds. And momentum is already robust. The presale has surpassed $26.8 million, with tokens priced at simply $0.013255 earlier than the following enhance.

As Bitcoin exercise climbs and demand for environment friendly BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s largest ecosystems. If Bitcoin constructed the inspiration, Bitcoin Hyper might make it quick, versatile, and enjoyable once more.

Click Here to Participate in the Presale

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