Bitcoin rose above $98,000 during Thursday’s Asian trading hours after Eric Trump, son of U.S. President Donald Trump, encouraged BTC investment on X.
“[It] feels like a great time to enter BTC,” Eric Trump posted on X at 1:41 UTC, following which, BTC prices rose from $96,900 to $97,830. The micro CME futures topped the $98,000 mark, according to data source TradingView.
Early this week, Trump’s AI and crypto czar David Sacks said the Trump administration is evaluating the feasibility of a strategic bitcoin reserve, disappointing crypto investors anticipating a swift action on the issue.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
U.S. Treasury Secretary Scott Bessent said Wednesday that the Trump administration aims to reduce borrowing…
Bitcoin (BTC) has become a store of value and an instability hedge for the world's…
Bitcoin recent price movements have been nothing short of a rollercoaster ride. Earlier this week,…
In a recent client note, Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick, predicted…
Ethereum experienced one of the most chaotic trading days in its history last Monday, as…
Bitcoin price started another decline below the $100,500 zone. BTC is trimming gains and might…