Eric Trump encouraged a crypto platform associated with the Trump family to make his first Bitcoin investment. BTC prices grow above $ 98,000.
Bitcoin (BTC) increased above $ 98,000 during the hour of Asian trading on Thursday after Eric Trump, the son of the American President Donald Trump, encouraged a family crypto platform to invest in Bitcoin (BTC).
“[Čini se] As a great time to enter BTC, @worldlibertyfi, “Eric Trump was posted at X at 1:41 UTC, after which BTC prices rose from $ 96,900. Micro CME futures exceeded $ 98,000. According to the data source tradingview.
Bitcoin could go towards the “decisive price shift” in the coming weeks while the US decides on their next move for Bitcoin, in the middle of other macroeconomic trends, writes cointelegraph.
Some analysts predict that this direction is likely to be ascending, since Bitcoin has yet to be fully reached the price of the PRO-CRIPTO of the US government.
Bitfinex analysts said in a recent market report to make Bitcoin move “especially how greater macroeconomic development” developed.
They pointed out that Bitcoin is traded within the price range of 15% of the mid-November when about $ 90,000 ranged. Historically, 15-20% of consolidated price ranges usually “resolved in any direction within 80 – 90 days.”
Despite the “high correlation” bitcoin with macro conditions, his recent ability to maintain about $ 70,000 in the U.S. President Donald Trump by imposing Customs Canada, Mexico and China – It shows the relative strength of the property, the SEEbiz reports.
Trump news about tariffs have led to the “largest liquidation event in the history of crypt” 3. February, with more than $ 2.24 billion liquidated with the crypto market within 24 hours.
