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February 4, 2025

Bitcoin Briefly Hits 100K After Trump Announces Wealth Fund What Next for BTC

Bitcoin experienced a remarkable surge, shooting up from the $91,000 price level to an impressive high of $102,000 within a day. This rise coincided with Donald Trump announcing plans for a sovereign wealth fund, triggering market excitement. Investors should monitor Bitcoin’s trajectory closely, as this significant climb highlights its volatility and the potential for rapid shifts in the cryptocurrency market. Understanding the factors driving these changes may offer crucial insights to traders and investors alike.

![Bitcoin Surge](https://images.financialmodelingprep.com/news/bitcoin-briefly-claims-100k-trump-announces-sovereign-wealth-fund-20250204.jpg)

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