Recent reports suggest President Trump’s radical crypto plans are fueling a surge in Bitcoin prices. The Federal Reserve has lifted restrictions on banks engaging with crypto, reflecting a shift toward a more crypto-friendly environment. This comes as Bitcoin approaches $100,000, reigniting interest among institutional investors and traders alike.
Bitcoin and other cryptocurrencies have seen a significant price jump recently, with reports of U.S. President Donald Trump’s aggressive approach to crypto causing ripples in the financial sector. Bitcoin’s value is knocking on the door of $100,000, a marked increase from April’s lows of about $75,000. Traders are betting that the crypto market is heading towards a staggering $19 trillion tipping point, raising excitement and apprehension simultaneously.
