Bitcoin’s post-halving surge, fueled by supply-demand imbalances, continues to drive its price higher., once struggling to break the $60,000 mark just weeks ago, was making headlines with its impressive bull run., BTC had surged to $88,683, reflecting a significant 8.81% rise in just 24 hours.
Much of this growth was fueled by market optimism, with traders betting on a continued boom under the now President Donald Trump. Scaramucci expressed growing confidence in the potential for the U.S. to create a Strategic Bitcoin Reserve, which could drive increased institutional allocations and further propel the price of the leading cryptocurrency.However not everyone seems to share the same thought as“Yes, the incoming Bitcoin-friendly administration has provided a recent catalyst…But, that’s not the main story here.