Bitcoin UPdate! š
Bitcoin has reclaimed the spotlight, holding steady near $96,000 as easing US-China tensions bring a wave of calm across global markets. This rally isnāt just fueled by retail investors; sovereign wealth funds and major institutions are quietly increasing their Bitcoin exposure, drawn by its scarcity and reputation as an inflation-resistant asset. Their participation marks a significant shift in the marketās foundation, adding new layers of credibility and stability to Bitcoinās momentum. Meanwhile, the altcoin sector is also surging, riding the positive sentiment. SUI is leading the charge with an impressive 72% jump, energizing broader interest in alternative digital assets. As a result, the total cryptocurrency market capitalization is edging closer to the $3 trillion mark once again. The current landscape suggests a maturing cycle, where both Bitcoin and altcoins are gaining traction not just among everyday traders, but also among the worldās largest and most influential financial players.