Why is the price of Bitcoin rising?

1. Regulatory advancements in the U.S.: The U.S. Senate has made progress in approving the GENIUS Act, which seeks to establish a regulatory framework for stablecoins. This initiative has generated optimism in the market, attracting significant investments in Bitcoin ETFs, such as BlackRock's iShares Bitcoin Trust, which received over $6.5 billion in May.

2. Government support: President Donald Trump signed an executive order in March 2025 to establish a Strategic Reserve of Bitcoin, using assets seized by the government. This measure positions the U.S. as the largest state holder of Bitcoin, with approximately 200,000 BTC.

3. Institutional investment: Major financial institutions like JPMorgan, Morgan Stanley, and BlackRock have expanded their cryptocurrency-related offerings. Additionally, companies like Strategy have made significant acquisitions of Bitcoin, accumulating over $63 billion in digital assets.

4. Favorable macroeconomic conditions: The stabilization of interest rates by the Federal Reserve and the reduction of trade tensions between the U.S. and China have improved the appetite for risk assets, benefiting cryptocurrencies....