BITCOIN SURGES TO NEW RECORD OVER $93K AS STRONG U.S. DEMAND CRUSHES RESISTANCE LEVEL
Bitcoin surged past $90,000 and reached $93,000 during US trading hours. The Coinbase Premium Index has hit its highest level since April, indicating strong US demand. BlackRock's IBIT was the fourth most-traded ETF, with $1.2 billion in volume within the first hour of trading. Spot trading volumes indicate a fundamentals-driven rally. Bitcoin is up more than other major cryptos like ETH and SOL.