And just like that, Bitcoin’s price has flown past the $94,000 threshold, indicating an unstoppable bullish wave coming through the entire crypto market. This increase comes as the entire crypto market capitalization has topped $3 trillion. A few key reasons fuel this increasing trajectory. When former President Donald Trump took to Twitter and called on the Federal Reserve to lower interest rates, the flood gates opened attracting billions of capital into safe-haven assets such as Bitcoin and gold. In the meantime, the presale for BTC Bull has attracted a wave of investor interest, raising over $4.9 million.

Trump's Influence on Monetary Policy

Donald Trump has repeatedly blasted the Federal Reserve to lower interest rates. He argues fiercely on behalf of lower rates to increase economic growth. He argues that he himself, and the FOMC more generally, tends to be “too late” to respond to changing conditions when it comes to monetary policy. The resultant political firestorm has called the very independence of the Fed into question, contributing to a significant depreciation of the U.S. dollar.

Investors are coming to see Bitcoin as a new safe haven in a time of economic crisis. At a time when the dollar is weakening and traditional markets are experiencing high volatility, capital is flooding into Bitcoin creating upward pressure on its price. This trend is part of a broader macro narrative, an acceptance of Bitcoin as the new digital store of value and the ultimate hedge against inflation.

Bitcoin's Bullish Momentum

Ever since the end of the 2022 crypto winter, the Bitcoin price has made a stunning recovery. At the time of writing, BTC/USD was below $16,000. The recent breakout past $94,000 is a testament to the cryptocurrency’s strength and increasing acceptance into mainstream finance. This bullish price action has only served to strengthen Bitcoin’s dominance as the first, best, and leading digital asset.

After a long bearish phase, the entire cryptocurrency market seems to be on the verge of their greatest bull run, having pushed the entire market cap above $3 trillion. This historic milestone is another indication of cryptocurrencies’ growing mainstream popularity and their powerful ability to disrupt traditional financial systems. Bitcoin, being the flagship cryptocurrency, is still at the front of this expansion.

BTC Bull Presale Gains Traction

The BTC Bull presale has already created a storm of excitement among the crypto community, having raised more than $4.9 million so far. Analysts are calling the project a future 1000x coin by 2025. Presale investors are further motivated by the ability to stake their tokens and earn up to 83% APY.

The huge success of this presale goes to show just how strong the appetite is from investors looking for new and innovative cryptocurrency projects. The promise of outsized returns paired with staking incentives has lured billions of dollars worth of institutional capital. As this project unfolds, it will be worth watching to see if it reaches its anticipated potential.