Bitcoin has surged above $90,000 as traders anticipate potential rate cuts by the Federal Reserve, boosting risk-on sentiment and weakening the U.S. dollar. This price movement aligns with broader economic trends, including wider housing discounts and declining mortgage rates. Additionally, the Philippines has set an ambitious target to develop a $60 billion tokenized asset market by 2030, reflecting growing interest in digital assets. Meanwhile, companies like Redwood Materials and MP Materials are expanding their recycling operations to enhance electric vehicle supply chains.