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βοΈ Cryptoπ’ Bullish
Trump's press on policy combining with institutional adoption for new crypto bull market: Clear Street
π€AI Summary
Clear Street analyst Owen Lau expresses optimism about the current crypto bull run, stating it 'has legs' as Bitcoin surged 8% in 24 hours to above $73,000. The analyst attributes the momentum to Trump's policy push combined with institutional adoption driving the market higher.
Key Takeaways
- βBitcoin rose 8% in 24 hours, trading just above $73,000
- βClear Street analyst Owen Lau believes the current crypto run 'has legs' and will continue
- βThe bull market is attributed to Trump's policy initiatives and institutional adoption
- βAnalyst sentiment suggests sustained momentum rather than a temporary spike
- βThe combination of political policy support and institutional interest is driving crypto higher
Read Original βvia CoinDesk
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