📊 Currency Movement $BTC Today
Bitcoin continued its rise today, approaching the $112,000 level, recording a new all-time high before retreating slightly with market fluctuations.
🔍 Reasons for the Rise:
1. Expectations of a U.S. interest rate cut after Trump's statements that rates are too high.
2. Strong institutional inflows through Bitcoin-related ETF funds.
3. Weakness of the dollar, which enhanced the appeal of alternative assets like BTC.
4. Bullish technical momentum after breaking a pattern indicating a potential upward wave.
The market is optimistic... but will the rise continue? ⬆️💰
