Posts

Showing posts with the label interest rate hikes

Bitcoin: Here's When BTC Could Reclaim $100,000

Image
Bitcoin (BTC) has hit multiple all-time highs over the last few months. The original cryptocurrency hit a high of $108,786 earlier this year in January. The rally was likely due to President Donald Trump’s inauguration. Trump’s pro-crypto policies may have led to a spike in market participants. Also Read: Trump Sells 1,000 ‘Gold Card’ Visas Per Day, Each Worth $5 Million Bitcoin’s Price Correction Source: Watcher Guru Since its January highs, BTC’s price has struggled to gain momentum. The asset’s price descended to below $79,000 earlier this month. The dip was likely due to macroeconomic headwinds and global trade wars. The US announced tariffs against Canada, Mexico, and the European Union (EU). The move led to a dip in investor sentiment. Also Read: GTA 6 Leak: Smarter Cops, 2025 Release, Map Takedown & Trailer Hype! Bitcoin (BTC) has since reclaimed the $87,000 mark. The market resurgence is probably due to the US easing its tariffs and the Fed pausing ...