Bitcoin Price Forecast: BTC Premium Surges Past 10%, Bullish Momentum Builds
Bitcoin continued its upward momentum on Wednesday, pushing above $94,000 after a 9.75% gain over two days. The surge is driven by renewed institutional demand and easing macroeconomic concerns.
Key Drivers Behind the Rally:
US spot Bitcoin ETFs saw $936.43 million in inflows on Tuesday — the highest since January 17.
CME futures premiums climbed over 10%, hitting levels not seen since January 22.
Open Interest (OI) in CME Bitcoin futures rose to 140,000 BTC, a three-week high, fueled by renewed long positions and disappearing leveraged shorts.
Macro Boost: Global market sentiment improved following comments from President Trump, who:
Downplayed trade war tensions with China.
Assured markets that Fed Chair Jerome Powell will remain in position.
Suggested that proposed 145% China tariffs would be reduced significantly.
Treasury Secretary Scott Bessent added to the optimism, telling investors a resolution to the China trade dispute is possible — easing fears and igniting a broader risk-on rally across assets.
BTC Snapshot:
Tuesday: +6.77%, closing above $93,400
Wednesday: Holding strong over $94,000
With institutional appetite growing and macro pressure easing, Bitcoin could be entering a new leg up — especially if futures interest continues climbing and ETF inflows persist.
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