Trump’s Bitcoin Buy Plan Sparks Rally: Can BTC Break Higher?
- Bitcoin surges by 8.27% as Trump floated large-scale U.S. BTC buys.
- Trump gave no purchase size, timing, funding source, or legal plan.
- BTC needs a sustained breakout and stronger volume to confirm momentum.
Bitcoin jumped after President Donald Trump said the U.S. government is reviewing plans to purchase Bitcoin and other digital assets at a large scale, adding a new policy catalyst to the market. BTC traded at $69,533.54, up 8.27% over 24 hours, as traders reacted to the possibility that federal purchases could add direct demand.
However, Trump disclosed no purchase size, timing, funding source, or legal structure, leaving the rally dependent on whether the proposal advances beyond review.
Trump Links Bitcoin Purchases to U.S. Crypto Policy
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