Bitcoin Briefly Claims $100K as Donald Trump Announces Sovereign Wealth Fund
Bitcoin shot up from the $91,000 price level in the past day and claimed a high of $102,000 while altcoins also soared.
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Bitcoin shot up from the $91,000 price level in the past day and claimed a high of $102,000 while altcoins also soared.
MicroStrategy halts its weekly Bitcoin purchases temporarily while preparing to close a $563.4M preferred stock offering, maintaining its long-term crypto strategy.
The rising ETF inflows have been largely linked to the positive sentiment surrounding President Donald Trump’s return to office.
Tokens worth over $400 million are set to enter circulation this week amid the ongoing crypto market turmoil.
The crypto market faced $2.23 billion in liquidations with Bitcoin losing 6.5% following President Trump’s tariff announcement.
Stablecoins’ supply saw explosive growth, rising by over 59% throughout the year and peaking at $200 billion in September.
Bitcoin’s strong historical track record in February adds to the optimism, with analysts expecting a potential breakout toward new all-time highs, possibly reaching $120,000.
Amid increasing whale interest, price of Ethereum jumps overnight. With a potential breakout rally over horizon, should you consider buying more ETH like Donald Trump’s WLF?
Bitcoin bull Michael Saylor is now recognized as “The Bitcoin Alchemist” by Forbes Magazine.
The Czech National Bank is exploring a 5% Bitcoin allocation in its reserves, signaling growing acceptance of cryptocurrencies in national financial strategies.
Following the Federal Reserve’s decision to maintain interest rates at 4.25%-4.5%, Bitcoin and altcoins gained 3% each triggering hopes of February rally.
As Bitcoin reclaims the $105k level, bulls anticipate a prolonged rally to cross beyond the $100k mark. Should you consider grabbing Bitcoin before the 2025 crypto bull run begins?
The Fed’s decision to pause rate cuts reflects economic stability and persistent inflation, while simultaneously signaling a pivotal shift in its stance toward cryptocurrency adoption.
Texas is not alone in this race. Over the past few months, several states, including Pennsylvania, Ohio, Florida, and Wyoming, have introduced or passed bills to establish their own Bitcoin reserves.
The M2 Money Supply has continued to grow with potential upside for Bitcoin and risk assets.