Bitcoin Price: Exceeded $87,000, its highest level in weeks.
• Main reason: Weakness of the US dollar following President Trump's statements that raised investors' concerns about the independence of the Federal Reserve.
• Increased institutional investment: Positive cash flows towards Bitcoin ETF funds (such as iShares Bitcoin Trust).
• Decreased supply on exchanges: Whales withdrew over 14,000 BTC, reducing supply and increasing buying pressure.
• Market outlook: Resistance at $88,800 must be broken to confirm the ongoing uptrend.