$BTC Bitcoin is trading around $97,460 today, up nearly 30% from April lows, driven by major institutional activity. MGX, backed by Donald Trump’s World Liberty Financial, injected $2B into Binance. Japan’s Metaplanet raised $24.8M in bonds to buy BTC, while Strategy (formerly MicroStrategy) launched a $21B equity offering, bringing its holdings to 553,555 BTC. Despite reporting a $4.2B Q1 loss due to unrealized BTC value drops, Strategy's stock is up 32% YTD. Technical indicators show bullish momentum, with key resistance at $100K. Bitcoin's market dominance is at a four-year high, helping push total crypto market cap back to $3T. Weak U.S. job data has paradoxically fueled BTC's rise as a safe-haven asset amid macro uncertainty.
