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Bitcoin Surges Past $92K as Markets Anticipate White House Crypto Summit

Speculation grows over potential U.S. strategic crypto reserve and China's economic stimulus plans.

  • Bitcoin's price rebounded above $92,000 after a volatile week, with traders eyeing the upcoming White House Crypto Summit on March 7.
  • Rumors suggest President Trump may announce a U.S. strategic bitcoin reserve, though no official confirmation has been provided.
  • China's central bank confirmed plans to cut interest rates and inject liquidity, actions that previously boosted bitcoin and other risk assets.
  • Market volatility remains high as investors weigh the impact of U.S. tariffs and global economic uncertainty on crypto and traditional markets.
  • Bitcoin dominance has risen above 60%, reflecting cautious investor sentiment, while altcoins like Ether have seen declining market share.
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