The post Coinbase Bitcoin Premium Turns Green; Is BTC Price Ready for $100k Next? appeared first on Coinpedia Fintech News Bitcoin (BTC) price has recorded heightened volatility on Friday fueled by the CME Group outage. The flagship coin surged as much as $93k before dropping to reach a daily low of around $90.2k. Bitcoin Price Eyes $100k in December Fueled By Robust Fundamentals  According to the BTIG firm, the Bitcoin price is well-positioned to rebound …The post Coinbase Bitcoin Premium Turns Green; Is BTC Price Ready for $100k Next? appeared first on Coinpedia Fintech News Bitcoin (BTC) price has recorded heightened volatility on Friday fueled by the CME Group outage. The flagship coin surged as much as $93k before dropping to reach a daily low of around $90.2k. Bitcoin Price Eyes $100k in December Fueled By Robust Fundamentals  According to the BTIG firm, the Bitcoin price is well-positioned to rebound …

Coinbase Bitcoin Premium Turns Green; Is BTC Price Ready for $100k Next?

2025/11/29 04:31
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
jd vance

The post Coinbase Bitcoin Premium Turns Green; Is BTC Price Ready for $100k Next? appeared first on Coinpedia Fintech News

Bitcoin (BTC) price has recorded heightened volatility on Friday fueled by the CME Group outage. The flagship coin surged as much as $93k before dropping to reach a daily low of around $90.2k.

Bitcoin Price Eyes $100k in December Fueled By Robust Fundamentals 

According to the BTIG firm, the Bitcoin price is well-positioned to rebound toward $100k in December. The firm noted that BTC price typically bottoms around November 26 and strengthens into year-end.

The firm noted that the Bitcoin price is likely to strengthen further in the next few weeks after hitting oversold levels. Moreover, Bitcoin’s daily Relative Strength Index (RSI) dropped to an oversold level last week following the extreme selloff.

Institutional Buying Pressure Supports Bullish Thesis

BTC price is well-positioned to continue in a bullish outlook in the near future fueled by the renewed demand from institutional investors. The rising demand for Bitcoin by institutional investors is evident from the Coinbase BTC Premium index, which turned positive on Friday after a prolonged negative period in the last few weeks.

Historically, a positive Coinbase BTC Premium index has been associated with a bullish outlook and vice versa.

coinbase premium

Source: CoinGlass

Upcoming Fed’s QE amid anticipated Rate Cut signals fresh liquidity flow

Bitcoin price is also likely to rally towards $100k in December fueled by the Federal Reserve’s monetary policy change. Next week, the Federal Reserve will kickstart its Quantitative Easing (QE), 

As such, the capital inflow to the Bitcoin market will likely surge amid the rising global money supply.

Fed rate cut odds

Source: Polymarket

Meanwhile, Polymarket traders are betting an 87% chance that the Fed will initiate a 25 bps rate cut in December.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

What Is Jawboning? Jimmy Kimmel Suspension Sparks Legal Concerns About Trump Administration

What Is Jawboning? Jimmy Kimmel Suspension Sparks Legal Concerns About Trump Administration

The post What Is Jawboning? Jimmy Kimmel Suspension Sparks Legal Concerns About Trump Administration appeared on BitcoinEthereumNews.com. Topline Legal experts have raised concerns that ABC’s decision to pull “Jimmy Kimmel Live” from its airwaves following the host’s controversial comments about the death of Charlie Kirk, could be because the Trump administration violated free speech protections through a practice known as “jawboning.” Jimmy Kimmel speaks at Disney’s Advertising Upfront on May 13 in New York City. Disney via Getty Images Key Facts Disney-owned ABC announced Wednesday Kimmel’s show will be taken off the air “indefinitely,” which came after ABC affiliate owner Nexstar—which needs Federal Communications Commission approval to complete a planned acquisition of competitor Tegna Inc.—said it would not air the program due to Kimmel’s comments Monday regarding Kirk’s death and the reaction to it. The sudden move drew particular concern because it came only hours after FCC head Brendan Carr called for ABC to “take action” against Kimmel, and cryptically suggested his agency could take action saying, “We can do this the easy way or the hard way.” While ABC and Nexstar have not given any indication their decisions were influenced by Carr’s comments, the timing raised concerns among legal experts that the Trump administration’s threats may have unlawfully coerced ABC and Nexstar to punish Kimmel, which could constitute jawboning. Jawboning refers to “the use of official speech to inappropriately compel private action,” as defined by the Cato Institute, as governments or public officials—who cannot directly punish private actors for speech they don’t like—can use strongman tactics to try and indirectly silence critics or influence private companies’ actions. The practice is fairly loosely defined and there aren’t many legal safeguards dictating how violations of it are enforced, the Knight First Amendment Institute notes, but the Supreme Court has repeatedly ruled it can be unlawful and an impermissible First Amendment violation when it involves specific threats. The White…
Share
BitcoinEthereumNews2025/09/19 07:17
Why Fintech Platforms Are Growing Faster Than Traditional Banks

Why Fintech Platforms Are Growing Faster Than Traditional Banks

Fintech platforms are outpacing traditional banks in growth across nearly every measurable dimension. Customer acquisition rates, revenue growth, geographic expansion
Share
Techbullion2026/03/24 07:58
Japan’s CPI Reveals Critical 1.3% Inflation Rise in February as Core Pressure Eases Unexpectedly

Japan’s CPI Reveals Critical 1.3% Inflation Rise in February as Core Pressure Eases Unexpectedly

BitcoinWorld Japan’s CPI Reveals Critical 1.3% Inflation Rise in February as Core Pressure Eases Unexpectedly TOKYO, Japan — March 2025: Japan’s National Consumer
Share
bitcoinworld2026/03/24 08:10