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Bitcoin Hits $89,500 – What’s Driving the Surge?
Bitcoin just hit a new all-time high of $89,500, fueled by Trump’s pro-crypto stance and growing optimism around crypto-friendly regulations. With Bitcoin’s market cap hitting $1.74 trillion, investors are excited about the future.
Key drivers:
What do you think?
Bitcoin just hit a new all-time high of $89,500, fueled by Trump’s pro-crypto stance and growing optimism around crypto-friendly regulations. With Bitcoin’s market cap hitting $1.74 trillion, investors are excited about the future.
Key drivers:
- Trump’s Support: His promises to make the U.S. the "crypto capital" are boosting investor confidence.
- Political Shifts: With Republicans gaining ground, crypto-friendly policies seem more likely.
- Bitcoin's Technicals: RSI shows it’s overbought, but support levels remain strong for further gains.
What do you think?
- Can Bitcoin hit $100,000 soon?
- Are you eyeing any presales like Pepe Unchained?