The cryptocurrency universe is celebrating this Tuesday. Bitcoin $BTC , the pioneering digital asset, has experienced an impressive surge, exceeding the mark of $91,000 USD. This milestone represents its highest valuation in nearly two months, reminiscent of levels seen in early March.
This vigorous rebound intensifies the upward trend that Bitcoin initiated yesterday, after breaking through the barrier of $87,000 USD, a level that had acted as resistance during the previous week. With this significant advance, the leading cryptocurrency is now only 16% below its all-time high of $109,000 USD, established three months ago, at the end of January.
The Catalyst? A Key Announcement from TMTG
This meteoric rise in the price of Bitcoin coincides with a significant statement issued this Tuesday by Trump Media and Technology Group (TMTG), the media company linked to the family of former U.S. President Donald Trump, which operates the social network Truth Social.
TMTG revealed a strategic alliance with two heavyweights in the financial and crypto sectors: the popular cryptocurrency exchange Crypto.com and the asset management firm Yorkville America Digital. The purpose of this collaboration is to launch a series of exchange-traded funds (ETFs) into the market. These new investment instruments will focus on digital assets and stocks, prioritizing those from the United States and covering a variety of industries.
