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BTC USD price today jumps above $91,000 what's driving Bitcoin's biggest daily spike since May

Bitcoin price today: Bitcoin surged past $91,000 on Tuesday, marking a significant daily gain. This rally was fueled by the liquidation of over $157 million in Bitcoin short positions. Trading volume doubled, reaching $92 billion. Major financial institutions like Bank of America are now recommending Bitcoin allocations, signaling growing institutional confidence in the cryptocurrency market.