🚀 Bitcoin hits a new milestone, soaring to $90,000 on Coinbase before a brief dip to $85,000. The quick rebound saw BTC up 3.7% in 24 hours, with the CoinDesk 20 Index climbing 5%.
- A massive $940 million in leveraged trading positions were liquidated, marking the largest since August's market crash.
- Investors are optimistic following Donald Trump's election win, expecting crypto-friendly regulations and economic growth.
- Institutions are particularly responsive to government signals, says Nathan McCauley of Anchorage Digital.
What are your thoughts on the future of crypto regulations? Share in the comments!