The post Bitcoin Hits Record High of $93,490: Social Media Hype Signals Possible Correction appeared first on Coinpedia Fintech News
The largest cryptocurrency by market cap Bitcoin has surged past $93,000 fueled by US President-elect Donald Trump’s pledge to ease crypto regulations. Meanwhile, this has sparked excitement on social media setting sights on an ambitious $100K target. However, Santiment, an on-chain analytics platform, warns that this hype might lead to a short-term pullback for BTC …