Bitcoin's price today increased by 0.20%, currently trading at $95,700, which is an 11.29% decline from its all-time high of $108,421.6. As the year 2024 draws to a close, there's considerable speculation on whether Bitcoin's price will return to or even surpass the $100K mark during 2024.
The effect of the Federal Reserve's hawkish statements following the FOMC meeting caused a crash in Bitcoin prices, leaving investors questioning Bitcoin's potential to recover and end the year strongly.
