📈🚀 Bitcoin exceeds $95,000 driven by institutional buying
Bitcoin (BTC) has experienced a notable increase in its price, reaching $95,379, which represents a 1.68% increase in the last 24 hours. This upward movement is attributed to a combination of macroeconomic factors and growing institutional demand.
The rise in BTC's price coincides with positive signals from President Trump regarding the reduction of tariffs on Chinese imports and a pro-crypto stance from the new SEC chairman, Paul Atkins. Additionally, the company Strategy has acquired $1.42 billion in Bitcoin, which has generated a significant increase in trading volume and market confidence.
This surge reinforces the narrative of Bitcoin as "digital gold" and could attract more institutional investors, solidifying its position as a safe-haven asset in times of economic uncertainty.
The combination of favorable macroeconomic factors and increasing institutional adoption suggests that Bitcoin could maintain its upward momentum in the short term.
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