## Bitcoin Price Hits $87,000 as Trump Proposes $5B to Rebuild Gulf Sites Hit by US-Iran War Coingapestaff Highlights - Bitcoin climbed about 7% to above $87,000 as lower yields and short liquidations supported the rally. - Trump’s proposed $5 billion Gulf fund would target energy infrastructure damaged during the Iran war. - Santiment reported 2024-high FOMO as open interest rose 7.6% to roughly $156 billion. Bitcoin price climbed above $87,000 on Monday as a broad crypto rally forced bearish leveraged positions out of the market. The recovery was buoyed by improved risk sentiment as Donald…