Fueled by Trump’s pressure on the Fed and a tidal wave of investor optimism, the world’s most famous cryptocurrency is on an unstoppable run.

Investors are betting that a slew of long-sought policy wins for the industry, expected next week, could invite new investment in the asset class.

Bitcoin holds above $117K as ETF hopes rise and the dollar dips. Could weakening USD, Fed uncertainty, and bullish momentum push BTC toward $300,000?

Crypto analyst Matthew Hyland said in a Friday post that altcoins are “ripping” even though Bitcoin Dominance hasn’t “even sneezed.”

Bitcoin briefly rose above $112,000 to a record high Wednesday afternoon. However, the rally may stall if the trade tensions intensify, according to some analysts.

BlackRock, which manages around $10 trillion worth of assets for investors, spearheaded Wall Street’s campaign to bring a long-awaited spot bitcoin ETF to market in 2023, with a fleet of funds debuting in January 2024 that now hold 1.2 million bitcoin worth around $140 billion.

Ego Death Capital launches a $100 million Bitcoin-only fund. Robinhood stock hits record highs amid tokenization push despite EU regulatory questions.

Bitcoin treasury companies are becoming a dominant force in the crypto market, while more spot crypto ETFs and crypto-related IPOs are also right around the corner.

Bitcoin surpasses $118K as whales stay quiet and exchange inflows fall to decade lows, signaling low pressure.