$BTC Pushes Past $87K! đ Good Start to the Week!
Bitcoin is showing renewed strength today breaking firmly above the $87,000 mark! Currently trading around $87,400 - $87,600, up ~3% in the last 24 hours.
What's potentially fueling the move?
* Weaker Dollar: The US Dollar Index (DXY) has fallen significantly, often a positive sign for risk assets like crypto.
* Gold Surges: Gold hit new record highs today (nearing $3,400/oz!), possibly enhancing $BTC's appeal as a 'digital gold' or hedge amid global economic uncertainty and US-China trade tensions.
* Whale Watching: Reports suggest large BTC holders ('whales') were accumulating during recent price dips, hinting at confidence.
(Image Placeholder 2: Insert a graphic comparing the recent price charts of Gold (XAU/USD) and Bitcoin (BTC/USD), highlighting Gold's recent spike.)
Market sentiment is looking more optimistic after recent volatility, though caution remains due to ongoing trade issues and upcoming economic data/Fed decisions. Eyes are now on whether BTC can hold these gains and challenge the next resistance levels near $88k
