Bitcoin ‘Santa rally’ buyers step in to drive BTC price to $98K

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Cryptocurrencies have come a long way since Bitcoin’s inception. Altcoins such as Ripple’s XRP, Hedera Hashgraph, Cardano (ADA) and XDC network offer enhanced services to traditional finance dubbed ISO 20022 compliant. Tokens that comply with regulatory needs and offer alternative traditional payment systems have been identified as “ISO compliant” tokens by some crypto investors. The…

Bitcoin has declined 13% from its all-time high of US$123,640 (AU$188,620) and is currently trading near US$108,969 (AU$166,280). Analysts suggest that a potential cyclical floor for Bitcoin could form between US$93,000 and US$95,000 (AU$141,983–AU$145,037). Institutional accumulation remains robust, with corporate treasuries steadily increasing their holdings of Bitcoin and Ethereum. Bitcoin has declined more than 13%…