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The "popcorn" market with Bitcoin surpassing $87,900 amid a positive wave
Bitcoin continues to record impressive progress, with the price previously reaching $87,900 and currently at $92.38K, reflecting a strong recovery in the cryptocurrency market. This is not just a single price jump but the result of a series of supporting factors accumulating recently.
The Drivers Behind the Price Surge
Alongside the overall booming market, Trump Media stocks surged 40% after completing a merger with a nuclear energy company. This signal reflects a broadly optimistic atmosphere across the entire digital finance sector.
More importantly, the cryptocurrency community received good news from the government: the U.S. Senate has just confirmed Michael G. Seelig, a well-known supporter of digital assets, to chair the Commodity Futures Trading Commission (CFTC). This milestone could pave the way for more favorable regulation and industry development.
Technical Improvements and Practical Integrations
On the technological front, the Solana development team is actively enhancing blockchain security by deploying quantum resistance tests under the name Project Eleven. These efforts aim to prepare for a future where quantum computers could pose a real threat.
Meanwhile, Intuit and Circle have partnered to bring USDC support to popular financial software platforms like TurboTax and QuickBooks. This initiative makes the stablecoin USDC more practical, expanding the real-world applications of digital currencies in users’ daily lives.