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Before Trump’s Crypto Bombshell, BTC Hovered Low—Now It’s Barreling Higher


Before Trump’s Crypto Bombshell, BTC Hovered Low—Now It’s Barreling Higher

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  • Historical volatility shows Bitcoin consistently recovers and thrives after corrections.
  • BlackRock, Fidelity, UAE, and Wisconsin are strategically investing large amounts in Bitcoin.
  • An expert predicts a correction to mid-$70,000 and then a rise to $180,000s.

As the crypto market heads into 2025, Bitcoin’s price draws attention with forecasts pointing to brief volatility and longer-term gains. Early March brought a strong rebound from Bitcoin’s worst month since 2022, helped by former President Donald Trump’s unexpected Sunday announcement about a U.S. crypto reserve. 

The news drove Bitcoin up by over 20%, topping $95,000 for a brief period, reversing the downtrend that had wiped out many tokens’ election-related gains, the market is now Trump’s upcoming White House Crypto Summit on Friday also supports the bullish viewpoint among traders and analysts. 

Related: Analyst: Current Crypto Market Correction is Within Historical Norms

Industry veterans, including Anthony Scaramucci—founder of SkyBridge Capital and former White House Communications Director—predict a massive rally ahead.

In a conversation with Bitcoin Magazine, the expert s…

The post Before Trump’s Crypto Bombshell, BTC Hovered Low—Now It’s Barreling Higher appeared first on Coin Edition.

Read the article at CoinEdition

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