NewsBTC has reported that Bitcoin (BTC) has surged to $94,000, despite the unpredictable US trade policy impacting the cryptocurrency over recent weeks. Stronger than its critics would like to admit, Bitcoin’s growth gained momentum this Tuesday, crossing the $94,000 threshold and recording a 26% increase since April 9th.
Three interconnected factors – geopolitics, strategic balance sheet demand, and rejuvenating exchange fund flows – have combined in the last 24 hours to trigger a rally. The new token $BTCBULL, which strongly correlates with Bitcoin’s price, is reaping the benefits.
The US trade policy needs to consider reality, as Bitcoin not only resisted Donald Trump’s tariff policy but also the threat of Jerome Powell’s removal as the head of the US Federal Reserve. The hope for a quick easing of the situation is growing as China, Russia, and the EU refuse to agree to Trump’s terms.
Bitcoin is rising as Donald Trump announced a partial detente in the trade conflict with China. In the White House, he stated that tariffs on Chinese imports “will significantly drop, but will not be zero,” adding he “will be very nice to China” if an agreement is reached. This is fueling optimism mainly due to the strong position of cryptocurrencies in the US.
Bitcoin is on its way to $100,000: The force of institutions and ETFs drive growth. Over the past week, Bitcoin has seen a significant rise, potentially signaling a quick return above $100,000 and new price records. Institutional investors are still keen to invest in the cryptocurrency, and the growing interest in ETF funds, including from BlackRock, is driving further growth.
SoftBank, Bitfinex, and Cantor Fitzgerald have joined forces, planning to invest several billion dollars in Bitcoin. This consortium plans to invest $3 billion, of which Tether will contribute $1.5 billion, SoftBank $900 million, and Bitfinex $600 million. This event could have influenced Bitcoin’s price increase of 12% over the past week.
Another factor is the surge in flows to US Bitcoin ETFs, which recorded an inflow of $911.2 million in one day, the highest value since January. The rise in institutional appetite for Bitcoin coincides with the price exceeding $94,212.
The industry believes in price fireworks. Donald Trump is currently promising investors of his own coin $TRUMP the most exclusive invitation in the world, dinner with the US president himself. The official Trump coin price soared.
All this can only help Bitcoin reach its price targets. The BTC Bull project, which is strongly linked to the BTC price, assumes significantly higher price thresholds than currently quoted in the market. The $BTCBULL token, which rewards holders with free BTC air drops, is fully betting on another Bitcoin rally and therefore attracting more and more investors.
No wonder, as the coin collected over five million dollars in a very short time to launch BTCBULL.
$BTCBULL is fully based on Bitcoin. The memecoin not only offers its investors real Bitcoins when it reaches its price targets but also drives the price by burning tokens (token burns). The number of issued BTCBULL is artificially reduced to raise the price.
The more Bitcoin Bulls investors buy, the more Bitcoin shares they will receive in the AirDrop. The roadmap envisages alternating AirDrops and token burns, which will ensure that the BTCBULL price will soar during the next Bitcoin rally.
Analysts consider this model to be extremely profitable and expect that $BTCBULL will shoot up at the beginning of sales on cryptocurrency exchanges, enabling early investors multiple profits.
Check out BTC Bull.
