On December 1, 2024, South Korea announced the delay of the 20% crypto capital gains tax until 2027, reflecting ongoing uncertainties in the regulatory framework.
As Bitcoin surpassed the $100,000 mark on December 5, it marked a significant milestone, highlighting optimism in the crypto market fueled by U.S. government support.
BCA Research indicates that Bitcoin's current market volatility suggests it may not have peaked yet, with potential for it to reach $200,000 by the end of 2025.
Despite Bitcoin's record surge, traders are advised to remain cautious of short-term volatility as the market continues to adjust.
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