Bitcoin Surges Past $93,000 as Altcoins Rally: 5 Drivers Behind the Crypto Boom
5 Articles
5 Articles
Bitcoin Surges Past $93,000 as Altcoins Rally: 5 Drivers Behind the Crypto Boom
On Thursday, Bitcoin exceeded the $93,000 level, advancing over 6.5% in one day, while major altcoins surged as much as 15%. This increase occurred alongside an impressive turnaround in US policy. President Trump now seems to be in favor of the digital currency. He has proposed some relaxing measures that, if implemented, would take a lot of the regulatory weight off cryptocurrencies. In addition, we've just seen the SEC appoint a new chairman: …
Bitcoin Surges 6% to 7-Week High of $93.8K as Trump Eases Tariff Stance
The price of Bitcoin rallied more than 6% on Wednesday to hit a seven-week high of $93,811 as investors cheered recent events in U.S. politics and trade policy. The largest cryptocurrency by market capitalization registered an impressive 6.3% jump, taking its value to $93,811 at 02:35 ET (06:35 GMT). This was its highest since the early part of March, and it indicated another boost in demand from market participants. The trigger for the Bitcoin …
Bitcoin Hits $93.9K After Trump Comments Ease Fed Fears, ETF Inflows Near $720M
Bitcoin [BTC] surged past $93,900 on Tuesday evening after President Donald Trump reassured markets he has “no intention” of firing Federal Reserve Chair Jerome Powell, easing fears over the Fed’s independence and triggering fresh momentum for the world’s largest cryptocurrency. According to TradingView data, Bitcoin touched a daily high of $93,900 before slightly retreating to […]
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