The bio-tech market significantly intertwines with cryptocurrencies, particularly
Bitcoin. Top figures from Big Tech, including Cash App and Apple, have abandoned their ventures to build on
Bitcoin, driven by venture capital funds and a favorable political atmosphere. Concurrently, the Trump family is investing heavily in Bitcoin mining and stablecoins. Sharp
market fluctuations and tariff concerns have however led to
Bitcoin's erratic performance, with prices bouncing between $78,000 and $84.5K. New Hampshire and Florida are advancing bills for Bitcoin reserves while bio-tech giant MicroStrategy is rumored to sell its Bitcoin assets. Several other entities seek to incorporate Bitcoin and crypto for transactions, including New York State, Lomond boarding school, and Mastercard which has partnered with Kraken to bring Bitcoin payments to over 150 million merchants. On a different note, crypto traders are anticipating a massive Bitcoin rally as the Trump administration pauses some tariffs, with some predicting Bitcoin could reach $250,000 this year. Meanwhile, Bitcoin continues to decouple from gold, stalling with Trump’s tariffs but nudging towards long-term growth. Market swings and uncertainties continue, nonetheless, positive strides are being made in the crypto market, pushing Bitcoin towards an optimistic trajectory.
Bitcoin News Analytics from Tue, 25 Mar 2025 07:00:00 GMT to Sun, 13 Apr 2025 00:30:48 GMT -
Rating 7
- Innovation 5
- Information 6
- Rumor 6
