Bitcoin bulls seek rebound as Musk projects US double-digit growth in 12–18 months
Bitcoin traders turned upbeat after Elon Musk said on X the US could see double-digit growth within 12–18 months. BTC was at $87,709, nearly 30% below its Oct. 5 peak of $125,100, according to CoinMarketCap. Analysts highlighted Fed rate cuts and a 2.7% CPI as key macro drivers, while some warned of potential downside in 2026.