Bitcoin Surges to $94,000 on Trump Deal Speculation and ETF Debut

Bitcoin surged to an all-time high of $94,078, driven by reports of Donald Trump's media firm exploring a deal to acquire crypto company Bakkt. The debut of BlackRock's Bitcoin ETF option, with $1.9 billion in trading volume, further fueled the rally. The global cryptocurrency market value reached a record $3.2 trillion, with traders anticipating a crypto-friendly stance from Trump's administration. However, profit-taking brought Bitcoin back to $92,000. Analysts note strong resistance at $94,600 and support at $90,400 amid ongoing market volatility.

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