Bitcoin (BTC) rose above $98,000 throughout Thursday’s Asian buying and selling hours after Eric Trump, son of U.S. President Donald Trump, inspired BTC funding on X.
“[It] feels like a great time to enter BTC,” Eric Trump posted on X at 1:41 UTC, following which, BTC costs rose from $96,900 to $97,830. The micro CME futures topped the $98,000 mark, in keeping with information supply TradingView.
Early this week, Trump’s AI and crypto czar David Sacks mentioned the Trump administration is evaluating the feasibility of a strategic bitcoin reserve, disappointing crypto buyers anticipating a swift motion on the problem.