Despite a brief correction towards the $91,000 mark on Tuesday, which represented a 7% drop from its all-time high of $99,500, the market’s leading crypto, Bitcoin (BTC), has regained the strength it has posted over the past three weeks since Donald Trump’s election, on its way to the $100,000 milestone. Coinbase, Robinhood, And MicroStrategy All Post Gains In the 24-hour time frame, Bitcoin recorded gains of nearly 5%, regaining the $96,100 level as a key to reach a new record high in the last days of the month. This bullish price action was expected by experts and analysts throughout the year as a normal upward behavior during Halving cycles, further boosted by Trump’s crypto agenda, which notably include making BTC a strategic reserve for the US. Related Reading: XRP Consolidates Below Crucial Resistance – Analyst Sets $1.60 Target This week marked a notable divergence, as Bitcoin decoupled from the tech-heavy Nasdaq Composite, which fell by 1%. According to CNBC data, the Dow Jones Industrial Average and S&P 500 also experienced declines, yet Bitcoin managed to maintain its upward trajectory. This strength w ..
Support the originator by clicking the read the rest link below.