Price Movement: Bitcoin is trading around $96,999, steady after briefly surpassing $97,000, marking its highest level since late February. It has shown resilience, maintaining returns amid mixed signals from the cryptocurrency market.

Market Dynamics: The global market capitalization of cryptocurrencies is approximately $3.02 trillion, with Bitcoin retaining its dominant position. Institutional demand remains strong, as Bitcoin exchange-traded funds in the United States recorded significant inflows, including $1.5 billion to the iShares Bitcoin Trust ETF last week. However, trading volume has decreased by 6.44% in the past twenty-four hours.