Bitcoin price hits two-week highs amid anticipation of US crypto policy update, fueled by Trump news.

From Cointelegraph

March 20, 2025 03:05 AM:

Bitcoin (BTC) surged to two-week highs amid speculation of a major US crypto policy update. Federal Reserve Chair Powell’s comments on interest rates brought relief to stocks and crypto, with BTC reaching nearly $87,500. Traders awaited a potential US crypto announcement on March 21, following Trump’s establishment of a national crypto reserve. Markets remained optimistic, with BTC only needing an 8% rally to reclaim key resistance levels.

Read more at Cointelegraph: Bitcoin price tags 2-week highs as markets bet big on Trump crypto news