Bitcoin Hits $106K: Safe-Haven Demand Pushes BTC to New Heights

Bitcoin just closed its strongest week ever, hitting $106,000—one step away from its all-time high of $108,786. This marks six straight weeks of gains, fueled by institutional demand and macroeconomic uncertainty.

Why It’s Pumping:$BNB

Spot Bitcoin ETFs saw $2.8B in net inflows in early May.

Rising inflation, tariffs, and global debt risks are pushing investors toward BTC.

Moody’s downgraded the U.S. credit rating, while Japan’s 40-year bond yield hit a 20-year high.

Bitcoin is becoming the safe-haven asset of choice, rivaling gold. With the global economic outlook worsening, BTC could be on the brink of a new all-time high.$BTC

Not financial advice. Do your own research.

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