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Bitcoin, the world’s largest cryptocurrency, broke records in 2024 by surpassing the much-anticipated $100,000 threshold, solidifying its dominance as the flagship cryptocurrency. The token surged 135.9%, adding about $1.2 trillion to its market capitalization and closing the year at $2 trillion, according to CoinMarketCap, as mentioned in a Forbes report.Bitcoin’s rally was further fueled by…

The cryptocurrency market is undergoing a massive sell-off that saw the price of flagship cryptocurrency Bitcoin (BTC) plunge more than 4%, from nearly $103,000 to around $97,900. The sell-off has affected most major digital currencies, with Ethereum’s ether losing around 7% of its value over the past 24 hours, while XRP is down over 5%…

Jamie Dimon remains skeptical of Bitcoin, which he says is a benchmark for criminals. He has previously called cryptocurrencies useless, like “pet rocks.” He noted that JPMorgan Chase is already using blockchain technology. Jamie Dimon does not soften the tone of his criticism of cryptocurrencies. Dimon, the CEO of JPMorgan Chase, once again questioned the…