Bitcoin Prices Surge Amid Political Developments

Bitcoin's price has experienced significant volatility, recently reaching $65,000 before settling around $64,000. The surge was influenced by the Federal Reserve's hints at potential rate cuts and pro-crypto political developments, including Robert F. Kennedy Jr.'s endorsement of Donald Trump. Analysts predict Bitcoin could reach $68,000 soon and potentially hit $100,000 if Trump wins the upcoming U.S. presidential election. Despite some market corrections, the overall sentiment remains bullish with expectations of a major upward rally in 2025. However, the market remains sensitive to regulatory changes and macroeconomic factors.