Bitcoin has surged past $90,000 for the first time since early March, marking a 23% rebound from its April low. But what’s fueling this rally, and is the momentum sustainable? Here’s the latest:

🔥 Why Is Bitcoin Rising?

1️⃣ Dollar Weakness
– The U.S. dollar index (DXY) hit multi-month lows after Trump
pressured the Fed for rate cuts, boosting alternative assets like $BTC 14.
2️⃣ Institutional Demand – Spot Bitcoin ETFs saw $381M in inflows Monday, the highest since January, signaling strong institutional interest 12.
3️⃣ Fed Uncertainty – Trump’s attacks on Jerome Powell have rattled markets, pushing investors toward Bitcoin as a hedge 27.
4️⃣ Strategic Bitcoin Reserve (SBR) Hype – Trump’s 60-day review deadline for a U.S. Bitcoin stockpile nears, adding bullish speculation 28.

📊 Market Sentiment & Technicals

  • Fear & Greed Index has shifted to "Greed" for the first time since March 4.

  • $BTC is trading above key moving averages, with analysts eyeing 92K–92K–95K as the next resistance zone 14.

  • Gold-like behavior? BTC’s correlation with stocks is dropping, while its rally mirrors gold’s safe-haven appeal 27.

⚠️ Caution Ahead

  • Perpetual futures show bearish funding rates, suggesting short-term traders remain skeptical 2.

  • Low trading volumes raise questions about sustainability—$BTC needs a major catalyst (like Fed easing) to break $93K+ 1.

🔮 What’s Next?

  • Fed speeches & ETF flows will dictate short-term momentum.

  • SBR updates (due in ~2 weeks) could trigger another leg up if confirmed.

  • Altcoins are rallying too—Ethereum and Solana are gaining alongside BTC 4.

Bottom Line:
Bitcoin’s rally reflects a mix of macro shifts, institutional demand,
and political speculation. While bullish, traders should watch for
pullbacks—volatility isn’t going away!

💬 Your Take?
Are you buying the breakout or waiting for a dip? Drop your thoughts below! 👇 #MarketRebound #BTC #bitcoin #crypto #Market_Update

(Sources: Bloomberg, CNBC, Reuters)