Bitcoin's price has bounced back above the $106,000 mark, providing some relief to traders amidst market volatility. This movement comes as the US Dollar Index shows signs of cooling, affecting global markets.
Traders are closely watching the absence of a crypto executive order from former President Trump, while markets are reacting positively to his pro-America agenda. As Bitcoin holds this key price level, sentiment appears cautiously optimistic.
Source: cointelegraph.com ↗