"Bitcoin's $100K Struggle: Trump's ETF, Russian Miners' Fears, Fama's Warning"

Bitcoin (BTC) continues to struggle to breach the $100,000 mark, with the cryptocurrency's price remaining relatively stagnant. Despite recent setbacks, long-term bullish sentiment persists due to potential supply constraints and growing institutional demand.

In other news, former U.S. President Donald Trump's new fintech venture, Truth.fi, has announced plans to launch Bitcoin ETFs. The company aims to provide investors with exposure to American energy, manufacturing, and other firms that offer alternatives to "woke funds" and "debanking" issues prevalent in the market.

Meanwhile, Russian Bitcoin miners have expressed concerns over a new government registry that accesses sensitive data, including crypto wallet addresses. Miners fear that a data leak could expose sensitive information and put them at risk of sanctions. However, Russia's tax agency has reassured miners that the data is stored in a separate, protected system.

Nobel Prize-winning economist Eugene Fama has argued that Bitcoin's volatility and lack of intrinsic value make it unsustainable. Fama believes that BTC fails as a currency due to its volatility and dismisses its role as digital gold, stating that its value is purely speculative. However, BTC's track record challenges these claims, as it has established itself as a widely recognized store of value, outperforming traditional assets during inflationary periods.

Bitcoin's price analysis reveals that the cryptocurrency has remained sluggish this week, falling to an intraday low of $95,769 on Thursday before recovering. Some analysts predict that BTC could reach $120,000 if it follows historical patterns from 2014 to 2018. However, others warn of a potential drop to $80,000 due to leverage trading risks.

Institutional demand for BTC remains high, and the pro-crypto stance of the Trump administration has maintained market optimism. Nevertheless, there are warnings about a potential collapse, with Nobel Prize-winning economist Eugene Fama predicting that BTC could reset to zero within a decade.

Bitcoin has been hovering between $90,000 and $108,000 since mid-December, indicating a consolidation and market stabilization phase. This phase may be removing over-leveraged positions and setting the stage for renewed buying pressure. However, BTC has