<ul><li>Bitcoin breached the $100k resistance earlier today following Donald Trump’s announcement on Wednesday regarding the nomination of Paul Atkins as the next US Securities and Exchange Commission (SEC) Chair.</li><li>The latest rally has boosted the performance of Bitcoin ETFs, with institutional investors now owning about 13% of Bitcoin’s circulating supply.</li><li>Ethereum crossed $3,900 for the first time since May, while XRP experienced a pullback after rallying to $2.90 earlier this week.</li><li>Solana defended the $214.86 support level and could potentially rally to its new all-time high, while BNB rallied to $774 before correcting to $729.</li><li>AVAX broke above the $50.04 resistance level, indicating bullish momentum.</li></ul>

Price Analysis December 5th, 2024 – BTC, XRP, BNB, ETH, SOL, and AVAX

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