đ Bitcoin Hits a New All-Time High of $106,000 â Whatâs Driving the Surge?
†For the third time, a U.S. state is drafting legislation to adopt Bitcoin as a strategic reserve. In the near future, at least 10 U.S. states could ratify similar legislation.
†This overall optimism is further fueled by confidence that the Federal Reserve will continue its steady easing of monetary policy. The next Fed meeting is scheduled for Wednesday, January 18.
†The agency is expected to cut the key interest rate by another 25 basis points. If this scenario plays out, it will likely boost interest in Bitcoin even further.