#BTCRebound
Bitcoin (BTC) surged today, rebounding to around $87,000, marking a 3% increase in the last 24 hours. The price touched an intraday high of $88,268, after bouncing from recent lows near $76,000—a move that analysts had predicted.
The rebound coincides with a weakening U.S. dollar, influenced by political tensions as President Trump attempts to remove Federal Reserve Chairman Jerome Powell. This uncertainty has rippled through global markets, boosting interest in crypto as a hedge.
A report by QCP Capital suggests that this price movement could reflect renewed institutional confidence in Bitcoin. However, Bitcoin ETFs saw only $15 million in net inflows last week, the lowest in 2025 so far, signaling cautious investor sentiment.