Bitcoin hits $100000, altcoins move in opposite directionThe price of Bitcoin has reached $100000 for the first time, marking a new milestone in the cryptocurrency market after strong growth over the past year.US stock index futures remained largely unchanged on Wednesday evening, after stocks hit a historic high.Futures linked to the Dow Jones Industrial Average fell 18 points, a decrease of 0.04%. On the other hand, S&P 500 index futures fell 0.08%, while Nasdaq 100 index futures fell 0.1%.During extended trading hours, Eagle Retail's stock price fell by over 13% as the company released weak fourth quarter performance forecasts. On the contrary, the stock price of Five Below retailer surged by about 14% after better than expected performance in the third quarter.In Wednesday's trading, all three major indices saw steady gains, with the S&P 500 and Nasdaq Composite hitting new closing record highs. The Dow Jones Industrial Average also closed above 45000 points for the first time.This occurred against the backdrop of ADP report showing a smaller than expected increase in private sector employment in November. That month, companies added 146000 new jobs, but economists surveyed by Dow Jones expect an increase of 163000.Currently, investors are waiting for important economic data to be released this week. The initial application data for unemployment benefits for the week ending November 30th is expected to be released on Thursday. In addition, the non farm payroll data for November will be released on Friday.On Wednesday, during an interview on the stage of the DealBook summit, Federal Reserve Chairman Jerome Powell stated that the US economy is strong enough for the Fed to cautiously cut interest rates.The job market is improving, and the risks in the job market seem to be relatively low, "he said. The growth is stronger than our expectations, and inflation has also increased. Therefore, the good news is that we can seek neutrality more cautiouslyAccording to the CME FedWatch tool, there is a 78% chance that the Federal Reserve will cut interest rates by 25 basis points at its meeting on December 17-18, but this means there is a 64% chance that policymakers will keep rates unchanged in January.BTC first reached $100000 on December 5th and broke through this psychological barrier shortly after breaking through $90000 on November 12th.BTC has risen 126% since January 1st, reaching a market value of over $2 trillion for the first time when it reached $100000.#BTC reaches a new high of 100000