Iran, Fed, bonds: 3 reasons bitcoin is unlikely to hit US$100,000 this year - South China Morning Post

The cryptocurrency is unlikely to climb back above US$100,000 this year as risks remain from interest rate rises to an escalation in Iran Bitcoin may extend its rebound but is unlikely to break above US$100,000 before the end of the year, as rising interest rates and the Iran conflict continue to weigh on crypto assets, according to analysts. The crypto asset class is likely to end the year higher than it is today, but below the peak reached last October, according to Alice Liu, head of research at crypto data platform CoinMarketCap.