
Bitcoin Surges 8%: How Trump’s Crypto Reserve Boost and Key Technicals Could Push BTC to Six Figures
Edited by Matt Waller
Bitcoin has staged a remarkable comeback, surging 8% in just 24 hours and climbing from a recent dip below $80,000 to trade around $92,400. This rebound comes on the heels of a high-profile announcement by former President Donald Trump, who unveiled plans to establish a US Crypto Strategic Reserve. The reserve, which will include leading digital assets such as Bitcoin, Ethereum, XRP, Solana, and Cardano, is seen by many as a catalyst for a new era of institutional support. With robust technical signals and optimistic market sentiment, some analysts now speculate that Bitcoin could be on the verge of breaking into six figures.
Key Points
Significant Price Recovery: Bitcoin surged 8% in 24 hours, trading at approximately $92,400 after b...