Bitcoin's price hit $96,580, rebound from a dip, with market attention on December's CPI data, predicted to show a 2.9% year-on-year increase.
President-elect Trump's administration indicates a pro-crypto position, possibly involving an executive order and forming a crypto council with 20 industry leaders.
CryptoQuant forecasts Bitcoin's year-end price to range between $145,000 and $249,000, driven by macroeconomic factors and growing institutional adoption.