{"id":5724,"date":"2025-12-09T18:16:14","date_gmt":"2025-12-09T18:16:14","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/12\/09\/bitcoin-price-skyrockets-to-94000-as-banks-start-to-embrace-bitcoin\/"},"modified":"2025-12-09T18:16:14","modified_gmt":"2025-12-09T18:16:14","slug":"bitcoin-price-skyrockets-to-94000-as-banks-start-to-embrace-bitcoin","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/12\/09\/bitcoin-price-skyrockets-to-94000-as-banks-start-to-embrace-bitcoin\/","title":{"rendered":"Bitcoin Price Skyrockets to $94,000 as Banks Start to Embrace Bitcoin\u00a0\u00a0"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Skyrockets to $94,000 as Banks Start to Embrace Bitcoin\u00a0\u00a0<\/a><\/p>\n

<\/div>\n

The bitcoin price is currently pumping and hit highs of $94,640 today, climbing over 4% in the last 24 hours. Bitcoin\u2019s 24-hour trading volume reached $46 billion. It stands at its seven-day high.<\/p>\n

The total circulating supply of Bitcoin is 19,959,806 BTC, with a maximum supply of 21 million. Today\u2019s market capitalization is roughly $1.86 trillion, reflecting the 4% daily gain.<\/p>\n

The broader bitcoin space is experiencing some momentum. The Bitcoin MENA<\/a> conference in Abu Dhabi just wrapped up, full of bank leaders and industry thought leaders sharing their thoughts on Bitcoin\u2019s future.\u00a0<\/p>\n

Earlier today, Jack Mallers\u2019 Bitcoin company, Strike, and Twenty One rang the opening bell at the New York Stock Exchange<\/a>. The company holds over 43,500 BTC \u2014 around $4 billion \u2014 making it the world\u2019s third-largest publicly listed Bitcoin holder.\u00a0<\/p>\n

Majority-owned by Tether Investments and Bitfinex, with SoftBank as a significant minority investor, the company blends a Bitcoin treasury strategy with operational Bitcoin-focused financial services under CEO Jack Mallers.<\/p>\n

Investors are also paying close attention to macroeconomic signals. Ark Invest CEO Cathie Wood said<\/a> that the Bitcoin price\u2019s four-year cycle may shift. She suggested the market may have already seen its lows.<\/p>\n

Neuberger CIO Shannon Saccocia also noted that expected Federal Reserve rate cuts and gains in AI-driven productivity could lift equities and other risk assets. Stocks often perform well when the economy avoids recession and the Fed is easing.<\/p>\n

\n

JUST IN: Bitcoin pumps to $94,000! pic.twitter.com\/ek3C26RhSu<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) December 9, 2025<\/a>\n<\/p><\/div>\n

Bitcoin price rally<\/h2>\n

Bitcoin price\u2019s recent rally comes amid growing adoption and institutional interest. Large players are integrating Bitcoin into payments and financial products.<\/p>\n

For example, earlier today, PNC Bank became<\/a> the first major U.S. bank to offer direct spot bitcoin trading to eligible Private Bank clients through its digital platform, using Coinbase\u2019s Crypto-as-a-Service infrastructure.\u00a0<\/p>\n

The service allows qualified clients to buy, hold, and sell bitcoin without relying on external cryptocurrency exchanges.\u00a0<\/p>\n

Coinbase provides the trading, custody, and settlement infrastructure, while PNC retains the direct client relationship and regulatory oversight.<\/p>\n

The launch follows a strategic partnership announced in July and reflects a growing trend among U.S. banks to integrate bitcoin into wealth management services.<\/p>\n

Also last week, the Bank of America urged<\/a> its wealth management clients to allocate 1% to 4% of their portfolios to digital assets, signaling a major shift in its approach to Bitcoin exposure. The move allowed over 15,000 advisers across Merrill, Bank of America Private Bank, and Merrill Edge to proactively recommend crypto to clients.<\/p>\n

At the time of writing, the bitcoin price is $94, 061.<\/p>\n

This post Bitcoin Price Skyrockets to $94,000 as Banks Start to Embrace Bitcoin\u00a0\u00a0<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Skyrockets to $94,000 as Banks Start to Embrace Bitcoin\u00a0\u00a0 The bitcoin price is currently pumping and hit highs of $94,640 today, climbing over 4% in the last 24 hours. Bitcoin\u2019s 24-hour trading volume reached $46 billion. It stands at its seven-day high. The total circulating supply of Bitcoin is 19,959,806 BTC, […]<\/p>\n","protected":false},"author":0,"featured_media":5725,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5724","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5724"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5725"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}