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Bitcoin reaches an eleven-day high at $86,000, influenced by Trump's tariff relief. Traders caution against the price breakout's trustworthiness amid low volume and weekend volatility.
Senator Tim Scott anticipates passing a crypto market structure bill by August 2025, emphasizing innovation before regulation in the digital asset space.
Bitcoin traders express optimism as the cryptocurrency shows potential for a long-term bullish trend with a W pattern breakout, suggesting positive market sentiment.
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