Bitcoin Surges 7% to $92,000 After Trump Announces Crypto Reserve
Bitcoin (BTC) Update
- Bitcoin surged 7% in one hour, exceeding $92,000.
- The price increased 15% from recent lows of $78,000.
- The rally is driven by spot demand, indicating a healthy market movement.
- Over $200 million in spot inflows occurred in the last hour.
- Futures open interest has declined, suggesting real buying activity rather than speculation.
