Victory Securities: Several analysts estimate that Bitcoin could break $100,000 before the end of the year, and the virtual asset market will usher in a new period of prosperity

On November 14, Zhou Lele, Deputy Chief Operating Officer of Victory Securities, stated that Trump's election victory and the Federal Reserve's interest rate cut have injected new vitality into the cryptocurrency market and triggered a market frenzy. The consensus is optimistic about the virtual asset market after Trump takes office. Some institutions predict that Bitcoin prices will continue to rise, with several analysts estimating that Bitcoin could break through $100,000 by the end of the year, marking a new prosperous period for the virtual asset market. The inflow of stablecoins on exchanges is approximately $4.5 billion USD, far exceeding net inflows from Bitcoin exchange-traded funds (ETFs) at $1.63 billion USD. Both exchange contracts and CME contracts have reached historical highs in holdings; an increase in capital inflow may indicate more investment opportunities in future.