Bitcoin rises to $88,000 after Trump's company purchases 451 BTC

2025-12-29 01:22:25

Source: PortaldoBitcoin Original Title: Bitcoin rises to US$ 88,000 after Trump company buys 451 BTC Original Link: https://portaldobitcoin.uol.com.br/bitcoin-sobe-para-us-88-mil-apos-empresa-de-trump-comprar-451-btc/ Bitcoin shows strength this Friday (26) after Christmas festivities, taking advantage of a 1.2% increase in the last 24 hours that raises its price to US$ 88,533, according to CoinGecko. In reais, the leading cryptocurrency in the market is traded at R$ 490,428.

Bitcoin spent most of the past few days in the US$ 87,000 range, but after Christmas, it managed a slight recovery, rising from US$ 87,065 on Thursday night to a daily high of US$ 89,180 within a short three-hour window.

Although this is a period of lower market activity, a movement of approximately US$ 174 million in Bitcoin carried out by Trump Media and Technology Group (DJT) caught the crypto community’s attention.

The company moved about 2,000 bitcoins between a series of wallets one day after purchasing an additional 451 BTC, worth US$ 40.3 million, increasing its reserve to 11,542 BTC.

One of the destination addresses already identified by analysts was a custody wallet, suggesting that the bitcoins were transferred for custody purposes rather than for an actual sale of the assets — a move that often alarms some investors due to its potential impact on prices.

However, Bitcoin did not experience sharp price drops and remained steady just below the US$ 90,000 range.

BTC2.03%

TRUMP1.11%

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