Is Trump Driving the Current Bitcoin Rally?
President Donald Trump's recent executive orders and announcements are considered to be the driving force behind recent Bitcoin price rally. Bitcoin, the popular cryptocurrency is currently going strong. The cryptocurrency, whose price fell below the $1000 mark at the beginning on 2017 has recovered once again. And this time, for a change, the price rise has been attributed to the recent actions of President Donald Trump and not the Chinese market. The increasing Bitcoin demand is a result of growing uncertainties in the global markets, driven by policy changes in the United States. As the....
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The Official Trump (TRUMP) meme coin stormed into the crypto scene in January 2025 with a rally that pushed its price from below $1 to a $73.43 peak in a matter of days. This rally placed it among the top twenty digital assets, but today, it is trading far below those heights. Nonetheless, Official Trump […]
At the Bitcoin Asia conference in Hong Kong, Eric Trump, the son of President Donald Trump, predicted that the market’s leading cryptocurrency, Bitcoin (BTC) could soar to $1 million within the next few years, which could represent a major 825% increase from current levels. Eric Trump Bullish On Bitcoin As reported by Reuters earlier on […]
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Bitcoin has reached a new all-time high, surging to $97,852 on Binance. The cryptocurrency is up 5% in the last 24 hours and has gained an impressive 43% over the past 16 days since November 5. The momentum shows no signs of slowing as BTC price continues its steady ascent. Several key factors are driving this remarkable rally: #1 US Strategic Bitcoin Reserve Trade Following Donald Trump’s victory in the US presidential election, market sentiment has shifted significantly. The initial “Trump trade” has evolved into the “US Bitcoin Reserve Trade,” fueled by....
Is the early stage of the hard fork potentially driving this price rally of Bitcoin? It’s definitely possible, but it could also be a variety of other factors as well. Over the past week the price per Bitcoin has shot up almost $40.00 USD and there has been some speculation about whether that spike has had anything to do with the news about the hard fork to Bitcoin Classic. There have been some concerns about the hard fork due to some issues with scaling, adoption, regulation, legality and liability. Yet there have been vocal supporters of the hard fork in the space that have championed....