BITCOIN RISES TO $90K FOR THE FIRST TIME SINCE EARLY MARCH!

Bitcoin has indeed surged to $90,000 for the first time since early March, driven by significant ETF inflows and a divergence from traditional equity markets. This milestone marks a notable recovery, with Bitcoin adding over 5% in the past five days. Here's what's behind this surge:

ETF Inflows: The U.S. spot Bitcoin ETFs saw their largest single-day inflow since January 30, totaling over $380 million, with ARK 21Shares ETF leading with $116.1 million.

Divergence from Equities: Bitcoin's strong recovery contrasts with the S&P 500's decline from above 5,700 points to below 5,200.

Market Sentiment: Analysts offer varying opinions, but many agree that Bitcoin's resilience above $90,000 indicates a potential new baseline.

Price Predictions: Some forecast Bitcoin's price to reach $100,000 or even $150,000 in the long term, while others predict potential dips to around $62,000 or $69,000.

Current Price: Bitcoin is currently trading at $86,771.60, with a 2.56% increase$BTC #BTC☀