Bitcoin Price Smashes New Record Highs as Market Value Tops US$2.1 Trillion
Will the Federal Reserve decide to cut interest rates this week? Trump reiterated that the Global Strategy of BTC reserves boosts new highs.
This week is the super central bank week, with the market expecting nearly a 100% probability of a rate cut in this Federal Reserve interest rate decision. A number of economic data will be released intensively, and more interconnected performances are expected. The intraday increase is mainly influenced by Trump's renewed proposal to establish a Bitcoin Global Strategy reserve.
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Bitcoin has set a new historical high of over $106,000: there is belief that it still has the potential for continued growth in the future.
Bitcoin reached a historical high of 106,352 USD, with potential for continued growth in the future.
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