Bitcoin briefly touched $89,000 as U.S. tech stocks surged following AI policy announcements by Trump. Despite a slight pullback, Bitcoin remains above $88,000, with market sentiment improving as the fear index rises to 21. Ethereum and Solana also saw significant rebounds, driven by institutional buying.
In other developments, the first U.S. spot Dogecoin ETF launched, and the Federal Reserve's probability of a 25 basis point rate cut in December increased to 82.7%. Meanwhile, BitMine increased its Ethereum holdings to 3% of the total supply, acquiring 69,822 ETH last week.
Bitcoin Reaches $89,000 Amid U.S. Tech Stock Rally
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