Bitcoin has experienced a sudden surge of 7% in the past hour, reaching $92,000, following an announcement by Donald Trump about a cryptocurrency strategic reserve. This increase in price represents a 15% rise from its recent low of $78,000. The rally appears to be driven by spot demand rather than speculation, indicating a healthy and natural market movement. Spot Cumulative Volume Delta (CVD) data shows significant inflows of over $200 million into the spot market, while futures open interest has decreased. This suggests that the surge is primarily a result of real buying activity rather than leveraged speculation.



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