Bitcoin climbed above $64,000 on Monday, driven by stronger market sentiment and newfound pro-crypto endorsement. Strategy offloaded 3,588 Bitcoin for a significant amount to pay for preferred dividend payments, but the move failed to halt the price climb. Bernstein analysts have kept their $150,000 price forecast as recent gains hit about 10%.
In the meantime, federal agencies are clashing over who would control a potential U.S. Bitcoin reserve. Even with Trump’s public stance as a crypto ally, plans for a national stockpile remain uncertain as departments debate oversight.