Bitcoin’s value surged near $95,000 on Friday morning, as investors took on more risk amid increased clarity about trade policy. The cryptocurrency remains below 2025 highs but has rebounded from April lows. This rally has energized some bitcoin bulls, including ARK Invest, which reiterates its target of reaching $1.5 million by 2030.
Some crypto-related stocks also rose, with Coinbase Global and Marathon Holdings advancing more than 2% and Strategy gaining over 4%. The recent easing of regulatory burdens for banks offering cryptocurrency services has contributed to the industry’s lift this week.
Regulatory clarity and potential interest rate cuts are seen as factors fueling the current market sentiment. Bitcoin is now trading below its 2025 highs, but its upward trajectory suggests a shift towards riskier assets.
Source: https://www.investopedia.com/bitcoin-s-upward-move-continues-as-trading-week-winds-down-11721992