$USDC Bitcoin Market Trends and Expectations

- Bitcoin High Volatility: BTC is currently priced at approximately $103,140, with an intraday fluctuation range of $101,430 to $104,180. Technical analysis shows a demand for short-term adjustment, but institutional capital continues to flow in. BlackRock's spot Bitcoin ETF has seen a net inflow for 20 consecutive days, accumulating over $5 billion.

- Institutions are Bullish: JPMorgan predicts that Bitcoin's performance in the second half of the year will outperform gold, supported by policies in several U.S. states (such as New Hampshire and Arizona allowing public funds to invest in Bitcoin). Matrixport analysis suggests that Bitcoin is likely to break its historical high (of $106,000), with the trend potentially continuing into the summer.