🚀 Bitcoin (BTC) price surpassed $35,000 minutes ago, according to data from CoinGecko, continuing the cryptocurrency industry's recent strong growth. However, the price dropped almost immediately afterward.

💥 According to CoinGlass, the total amount of liquidations in the past 24 hours has increased to nearly $100 million.

The last time the leading digital asset touched $35,000 was in late October, when there were rumors that the US Securities and Exchange Commission (SEC) may soon approve BlackRock's application to introduce a BTC ETF Actual transactions in the US.

Analysts and AI-powered language modeler ChatGPT say this will have a positive impact on bitcoin's value.

Other factors that could influence the price increase include the halving, mass adoption and interest from institutional investors.

Prominent figures have also made predictions about BTC, with some predicting the price will surpass the $100,000 mark. Those who are curious to learn the 5 most recent predictions can watch the video below.