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

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.
- Bitcoin breakout or black swan? $90K BTC price lacks gold, stocks high Cointelegraph
- ‘Bitcoin summer’ blows in following Trump, GOP victories NBC News
- Bitcoin Price Crosses $90,000 For First Time Ever Amid Trump Crypto Surge Forbes
- Global crypto market tops $3 trillion on hopes of Trump-fuelled boom Reuters
- Bitcoin Set for Repeated All-Time Highs Predicts VanEck TipRanks
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