Bitcoin Price Surges to $106K with Market Sentiment at Extreme Greed
Bitcoin reached a new all-time high above $106,000 on Dec. 15, which was driven by bullish sentiment, speculation about its potential as a U.S. reserve asset, and supportive macroeconomic factors. Retail investors, particularly smaller “shrimp wallets,” are very confident in the crypto as they are accumulating BTC, even as long-term holders sell large amounts. Analysts…