$BTC Bitcoin surged past $66,000 today, fueled by renewed institutional interest and optimism around upcoming U.S. economic data. The market is reacting to a softer dollar and rising expectations that the Federal Reserve may cut rates sooner than expected, boosting risk-on assets. ETF inflows remain strong, particularly from BlackRock and Fidelity, signaling sustained confidence from traditional finance. On-chain data shows declining exchange reserves, hinting at long-term holding behavior. Meanwhile, global crypto adoption continues climbing, with notable developments in South America and Asia. Lightning Network activity is accelerating, underlining Bitcoin’s growing role in payments. As the halving’s aftershocks ripple through supply dynamics, bulls are eyeing $70K resistance. Momentum is building—Bitcoin isn't just back; it’s commanding attention.
