Bitcoin (BTC) recorded a significant recovery last week, surging from the $90,000 price range to an all-time high of $109,357.07 on January 20th. However, a new Bitfinex Alpha report warns that BTC's upward momentum faces potential headwinds. “Selling news” trading behavior has become serious. Bitcoin plummeted to $89,698 before rebounding, resulting in $818 million in liquidations on January 13th. Of this amount, $592 million came from long positions.

Trump policies should push more institutional investors to adopt Bitcoin. While the Presidency Campaign 2024. year, Donald Trump promised to become a "crypto president." But since he started his second term in January, the value of cryptocurrency crashed. Bitcoin (Btc 2.01%) They saw that her price list falls with over $ 100,000 on the day of the inauguration to $ 81,000 from this writing.

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In Friday’s White House press conference, Donald Trump yet again declared his support for Bitcoin, calling it ‘amazing’ and pointing out its growing use in the economy. It has become amazing. I mean, it is the jobs that it produces, and I notice more and more you pay in Bitcoin.