Bitcoin Surges to $75k Following Weekend Market Shakeout

Bitcoin reached $75,000 after a tumultuous weekend in the crypto market, sparked by Trump's Warsh nomination. Discover what led to these market movements.

In a dramatic turn of events over the weekend, Bitcoin soared to an impressive $75,000, following a significant market shakeout that began last Thursday. This price surge comes on the heels of the recent nomination of Trump's appointee, Warsh, which triggered a wave of sell-offs among major cryptocurrencies.

The turmoil in the crypto market was marked by volatility, as investors reacted to the implications of the Warsh nomination. The impact was felt across various crypto assets, leading to a cascade of selling that persisted throughout the weekend.