The heat is back in the crypto world – and this time, it’s not just in the market but also under Dubai’s scorching sun. Crypto enthusiasts are eagerly waiting to see whether Bitcoin can break its earlier record high of $BTC 109,135 set earlier this year.
A major crypto event has kicked off in Dubai, attracting investors, tech giants, and crypto lovers from around the globe. This two-day event features top executives from leading crypto firms, heads of digital assets from BlackRock and Goldman Sachs, and even the U.S. President’s son, Eric Trump, who is expected to speak on Thursday.
What’s catching everyone’s attention is the shift in stance from the U.S. President – someone who was once a crypto critic, now turning into a vocal supporter. Not only has he promised to ease regulatory restrictions, but he has also launched his own cryptocurrency. After the heavy setbacks the industry faced in 2022, this support is giving it a fresh wave of optimism.
Now the big question remains: Will this positive momentum push Bitcoin to new heights?
