Stunning Insider! Bitcoin Soars Past $107,000, Sun Yuchen Splashes $75 Million to Support Trump, Texas Bitcoin Reserve Bill About to Take Effect!
Bitcoin has recently surged to $107,000, with the market exceptionally hot! Meanwhile, renowned crypto mogul Sun Yuchen has heavily supported Trump, spending $75 million to buy Trump’s official meme coin and attending the upcoming presidential dinner, showcasing his firm confidence in the future of crypto.
The Texas Bitcoin Reserve Bill is entering a crucial third reading stage, making the state the third to officially establish a Bitcoin reserve, following New Hampshire and Afghanistan. Once approved, the bill will allow Texas to establish a strategic Bitcoin reserve to enhance the state's financial resilience against inflation.
The Bitcoin market is filled with bullish sentiment, with a surge in trading volume for call options set to expire in June with a strike price of $300,000, reflecting traders' general expectation that prices will break historical highs. Experts analyze that market inflows are stable, volatility is rising, and the gamma squeeze effect may trigger sharp price fluctuations, indicating significant explosive potential for Bitcoin prices in the short term.
Multiple signs indicate that Bitcoin is not only a pioneer of financial innovation but is also gradually becoming an important bargaining chip in political and economic games, making its future trajectory worthy of close attention.