Bitcoin Surges Past $90K Amid Trump-Driven Crypto Boom

1 min read
Source: Cointelegraph
Bitcoin Surges Past $90K Amid Trump-Driven Crypto Boom
Photo: Cointelegraph
TL;DR Summary

Bitcoin's recent price surge to $93,500 has not yet translated into all-time highs against major macro assets like the S&P 500 and gold, though analysts like Caleb Franzen believe it's a matter of 'when, not if.' While some predict a rapid repricing similar to gold's breakout in the 2000s, others warn of potential downturns, with bearish traders like Il Capo of Crypto suggesting a possible crash. The market remains divided on Bitcoin's future trajectory, with targets ranging from $72,000 to over $100,000.

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