#Bitcoin is surging again — climbing close to $116,500, as bullish momentum returns to the crypto markets.
Bitcoin Price Surge: #BTC is trading around $116,500, up nearly 5% in 24 hours.
Why It’s Rising:
Fed Rate Cut Hopes: Investors expect the U.S. to lower interest rates, boosting risk assets like crypto.
Positive U.S. Policies: Pro-crypto moves from the Trump administration, including crypto in 401(k) plans, are boosting sentiment.
ETF Inflows: Institutional interest is rising again, with strong Bitcoin ETF investments.
Altcoins Rising Too: $ETH $SOL $ADA and others are also seeing gains.
Market Mood: Overall bullish, but traders remain cautious near the $118K resistance level.
