Bitcoin is approaching $95,000, fueled by optimism surrounding support from former President Trump and ongoing discussions about the acquisition of Bakkt. This surge reflects growing interest in cryptocurrency as market dynamics shift.
Shares of Bakkt Holdings Inc. surged over 100% following reports that Trump Media & Technology Group Corp. is in advanced talks for an all-share acquisition of the digital-asset marketplace. The Financial Times cited unnamed sources regarding the negotiations. Bakkt"s market capitalization reached $155 million on Friday.
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