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Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, has always been a controversial asset. Can things get any better for the Bitcoin bulls? The world's largest cryptocurrency just got a ringing endorsement from Federal Reserve Chair Jerome Powell.

Right now, all indicators are flashing green for the arrival of altcoin season. For most of the year, cryptocurrencies tend to follow the direction of Bitcoin (CRYPTO: BTC), which is by far the largest crypto, accounting for a whopping 54% of the total market cap of the crypto market.

As cryptocurrencies enter price-discovery mode, options market activity can help traders identify potential resistance levels.

Here is a 2-minute breakdown of everything important that happened in crypto today.

Bitcoin has crossed the $100,000 mark in 2024, a monumental achievement for the cryptocurrency that began as a fringe project of cypherpunks and tech enthusiasts.

Hedera, IOTA, and JasmyCoin have shown significant growth in the cryptocurrency market since Nov. 1, recording gains of 99.31%, 79.61%, and 72.47%, respectively.

Pepe, the frog-themed meme coin, has surpassed $11 billion in market capitalization, briefly overtaking Uniswap’s token UNI, which holds a market cap of approximately $10.6 billion.