Bitcoin nears $95,000 levels on April 29 — is a crypto market bull run likely soon? Here’s what experts say
Bitcoin price today, April 29: The world’s largest cryptocurrency, Bitcoin, at 9 am was trading at $94,662.19, up 1.16 per cent over the past 24 hours, according to data on CoinMarketCap.
Further, the market cap of Bitcoin also rose, up 1.06 per cent to $1.87 trillion, with trading volume for the 24 hours recorded at $32.12 billion, data showed.
The price rise has likely been driven by Bitcoin exchange-traded funds (ETFs), institutional demand, and hints of favourable crypto-related policies by the United States government under Donald Trump. Further, the US state of Arizona is considering investments in a Bitcoin treasury, which could potentially influence other states towards including digital assets in their financial strategies.
