🔥TRUMP RALLY! 🔥
Bitcoin has broken a record in the cryptocurrency market.
Last week, Bitcoin surpassed $118,000, reaching its highest level ever. Yesterday, it rose to $122,392, setting a new record. This increase was influenced by U.S. President Donald Trump's crypto-friendly policies and rising institutional investment demands. Experts indicate that levels between $123,500 and $125,000 could be monitored as short-term targets for Bitcoin.
NEW RECORDS IN THE MARKET AND FUTURE EXPECTATIONS
The cryptocurrency market closed last week with peak prices and started the new week with a record. Bitcoin surpassed $122,000 and renewed its record due to Trump's crypto-friendly approach and increasing institutional investment demands. The growing interest from institutional investors and the excitement of the "Crypto Week" event in Washington are cited as key reasons for the rise in the market. During this event, discussions and voting on cryptocurrency laws are expected to take place in the U.S. Congress, creating a positive outlook among investors.
$125,000 TARGET FOR BITCOIN
While Bitcoin fluctuated around the $100,000 level in recent months, it surged with Trump's policies. The increase in risk appetite in the markets is also sustaining this rise for Bitcoin. Recently, speculations regarding the U.S. Federal Reserve's (Fed) interest rate cuts and the loosening of rules around Bitcoin trading are also supporting the markets. Analysts predict that cryptocurrencies serve as a safe haven against macroeconomic uncertainties and that Bitcoin could rise to $125,000.
$BTC
$ETH
$SOL
#ArbitrageTradingStrategy #bitcoin #Binance #crypto #Finance