Bitcoin 
$65,890 has once again exceeded the $100,000 mark, recovering from a significant drop that saw prices plummet by over $10,000 within minutes after reaching an all-time high (ATH). This dramatic decline resulted in over $1 billion in liquidations within 24 hours. As cryptocurrency investors approach the weekend, they remain hopeful given that the BTC price has returned to six-figure territory.
Cryptocurrency Predictions
Typically, weekends in the cryptocurrency market are calm, making Friday’s closing above six figures particularly noteworthy. As BTC surpassed $100,000, Ethereum (ETH) 
$1,924 maintained its price above $4,000, suggesting that altcoin investors could see significant gains over the next 48 hours.
In recent statements, Federal Reserve member Hammack indicated that the institution is not directly involved with Bitcoin but is observing the developments in cryptocurrency. At the time of writing, BTC has risen past $100,700. Hammack commented on interest rate policies, noting that the U.S. economy is strong and the labor market is healthy.
“The determination of monetary policy is independent of national debt, which appears to be on an unsustainable growth path. It is too early to predict the impact of proposed tariffs. The labor market has become more balanced. The Fed has more work to do to reduce inflation, and the direction of monetary policy will be guided by data.”
