$BTC
As mentioned above, the previous weekend was quite dull, with BTC trading sideways around $90,500. However, it broke out on Monday and confirmed it on Tuesday when it flew past $92,000 with force. Its price gains continued on Wednesday when it tapped a multi-month peak of
After gaining around $8,000 in less than a week, bitcoin lost some of its momentum and slipped below $94,500 on Thursday. It rebounded on Friday and has remained above $95,000 ever since. What’s particularly interesting about this price stagnation is the fact that the geopolitical tension has skyrocketed since Friday.
First, several EU nations sent troops to Greenland after Trump’s most recent remarks. Then POTUS announced a new set of 10% tariffs on all those eight EU nations. The Union lawmakers responded with an emergency meeting today, and threats about pulling out of the ongoing trade deal.
BTC has remained unfazed and still stands at around $95,000. Its market cap is $1.9 trillion as of press time, and its dominance over the alts is at 57.3%.