Why Bitcoin Soared

$BTC 1. Market Sentiment and Capital Flow

1. Increased Safe-Haven Demand:

In the context of increasing global economic uncertainty, investors seek safe-haven assets. Bitcoin, due to its scarcity and decentralized nature, is viewed as an alternative hedging tool, attracting a large influx of capital.

2. Institutional Investor Participation:

Institutional investors and large corporations are showing increased interest in Bitcoin, with companies like MicroStrategy continuously increasing their Bitcoin holdings, driving market demand.

3. Bitcoin ETF Capital Inflow:

The Bitcoin spot ETF has attracted a significant amount of capital inflow, injecting new vitality into the market.

2. Macroeconomic Factors

1. Weakening Dollar:

As the US dollar index declines, Bitcoin, as a non-sovereign currency, responds positively to the weakening of the dollar, attracting more investors.

2. Inflation Hedge:

In the context of rising global inflation pressures, Bitcoin is viewed as an asset to hedge against inflation, drawing investor attention.

3. Technical Factors

1. Positive Technical Indicators:

Bitcoin's price has broken through key technical resistance levels, such as the 200-day moving average, boosting investor confidence.

2. Market Supply and Demand Relationship:

The supply of Bitcoin is limited, and as demand increases, the price naturally rises.

4. Policy and Regulation

1. Impact of Trump's Policies:

Trump's tariff policies and his attitude towards Bitcoin may indirectly influence Bitcoin's price.

2. Changes in Regulatory Environment:

Countries' regulatory policies on cryptocurrencies are gradually becoming clearer, providing a more stable environment for the market. #加密市场反弹 #Strategy增持比特币 #币安Alpha上新