FalconX: Further Positive Catalyst Needed for Bitcoin to Sustain Beyond $100,000

According to Bloomberg, David Lawant, head of research at cryptocurrency broker FalconX, wrote in a report that the U.S. spot Ethereum ETF attracted nearly $2 billion in inflows after Trump's election victory, resulting in ETH outperforming BTC in recent times. For Bitcoin, a "sustained and determined" breakout of $100,000 may require further positive catalysts.