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Bitcoin Gains on Trump's Actions and Bond Drop
Bitcoin prices rose by 7.9% to reach approximately $69,388, the highest level in three months, supported by improvements in U.S. monetary policies and a decline in Treasury bond yields, which increased the appeal of cryptocurrencies. Additionally, U.S. President Donald Trump's urging for Congress to pass a bill supporting the cryptocurrency sector helped boost the market, while the HyperLiquid token experienced a 20% surge within 24 hours. U.S. Treasury yields declined due to increased buybacks of long-term bonds, which boosted Bitcoin's attractiveness and high-risk investments, with experts predicting that Bitcoin could reach $100,000 by the end of 2026.
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