Bitcoin Surges Past $90,000 Amid Market Volatility
- Bitcoin reached an intraday peak of $90,532 on Tuesday, marking a 7.6% increase since Sunday.
- The rise coincides with the US dollar hitting three-year lows due to trade tensions in Washington.
- US spot-Bitcoin ETFs saw a net inflow of $381 million on Monday, the largest since February.
- Gold’s market value surpassed $20 trillion as it hit $3,400 per ounce for the fourth time in weeks.
- Analysts highlight a resistance level at $91k–$92k as crucial for Bitcoin’s next movement.
Bitcoin’s price surged to an intraday high of $90,532 amid increased institutional demand and market volatility. The cryptocurrency’s recent rally is attributed to the weakening US dollar and rising interest in safe-haven assets like gold.
Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoin-shoots-above-90000-will-92000-fall-next/?rand=52377