Bitcoin has surpassed the $87,000 mark, recording a 5.36% increase in the last 24 hours.
This movement is driven by a combination of factors:
News about Trump's crypto reserve: Former US President Donald Trump announced crypto-friendly policies, boosting market optimism.
Growing institutional demand: Institutional investors are increasing their exposure to BTC, seeking protection against inflation and portfolio diversification.
Expectations of interest rate cuts: The possibility of central banks reducing interest rates is encouraging the search for alternative assets like Bitcoin.
Analysts believe that if BTC maintains this pace, it could reach new heights soon.
