$DOGE Islamic banks enter the market: The 'Roya' bank in the UAE has become the first Islamic bank globally to offer investments in digital assets like Bitcoin through its mobile app, reflecting the increasing acceptance of digital currencies in the traditional financial sector.
6. Impact of tariff policies: The tariff policies of the Trump administration, including tariffs on trading partners, have impacted the cryptocurrency market, leading to a decline in the prices of high-risk assets. Bitcoin mining companies have also faced crises due to rising costs of importing mining equipment.
7. Dogecoin and the influence of Elon Musk: Dogecoin experienced a surge after Elon Musk's 'DOGE' agency launched an official website bearing the currency's logo, boosting optimism among investors.
8. Optimistic Bitcoin forecasts: Analysts from Bernstein expect the price of Bitcoin to reach $200,000 by the end of 2025, driven by increased institutional