Huge Bet On A 2025 U.S. Bitcoin Reserve Helps Send Bitcoin Over $100,000 Price
Bitcoin has rebounded to over $100,000 after a lull during the holiday period, climbing along with stock markets.
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The bitcoin price had a sluggish start to the new year but the bulls have sent the bears back into hibernation, helped by wild speculation Elon Musk could be about to drop a crypto bombshell.
Now, as a crisis in China is predicted to fuel further bitcoin price gains, analysts at a Wall Street investment bank have put the odds of incoming U.S. president Donald Trump creating a bitcoin reserve in 2025 at 60%—far higher than most other predictions.
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