Blocksquare Token USD Price & Performance (BSTUSD)

The Trump administration's consideration of Bitcoin purchases led to an immediate 7.3% price surge, reaching $69,200. This announcement spiked trading volumes and increased active addresses. However, analysts warn of overbought conditions as technical indicators suggest potential short-term corrections. The move underscores growing institutional focus on cryptocurrency markets.123

The Federal Reserve's decision to hold interest rates steady at 4.25%-4.50% has reassured investors, lifting market sentiment. Strategy, Inc., a major Bitcoin holder, benefited as Bitcoin traded near $85,500. The Fed's focus on economic stability, despite inflation concerns, has positively influenced crypto-linked stocks and broader market dynamics.456

Bitcoin's price struggles to surpass $85,000, encountering resistance at $86,845. Technical indicators show bearish trends with RSI resistance and a pullback below the 200-day MA. Analysts highlight potential support at $82,133, cautioning that sustained momentum is necessary for a bullish reversal above $90,000.237