Bitcoin (BTC), the largest market-cap cryptocurrency in the world, has once again recorded a price increase to the psychological level of US$90,000. It is noted that in the last 24 hours Bitcoin surged by 7.5%, Wednesday (05/03).
This increase comes ahead of the Digital Asset Summit (DAS) that will be held this weekend. Several big names, including Executive Chairman Strategy Michael Saylor, are confirmed to attend.
Additionally, US President Donald Trump is also rumored to unveil the Strategic Bitcoin Reserve strategy during the summit. This could be a catalyst for the price of Bitcoin to soar.