Here’s why Bitcoin and other cryptos are up today🔥🔥🔥
Bitcoin and most crypto tokens are rising today, potentially signaling the beginning of a new crypto bull run.
Bitcoin (BTC) surged above the key resistance level of $110,000 for the first time in nearly a month. Similarly, most altcoins jumped
Big Beautiful Bill hopes💕💕
A likely catalyst for the rally is renewed optimism that the House of Representatives will pass Donald Trump’s Big Beautiful Bill. The Senate approved its version earlier this week, and the White House is reportedly negotiating with holdouts in the House.
The bill is seen as positive for Bitcoin, which has increasingly been viewed as a safe-haven asset. With the bill expected to significantly boost U.S. debt, many investors may turn to Bitcoin for protection, as predicted by BlackRock.