Are you still worried about finding high-potential investment projects? Bitcoin has now broken through the $110,000 mark, supported by multiple favorable factors, and a wealth feast is heating up!
The regulatory environment is favorable, and the market outlook is bright.
Recently, significant progress has been made in U.S. stablecoin legislation, with the Senate passing procedural votes on the Stablecoin Unified Standards Protection Act, which will soon undergo a full vote. Once the regulatory framework for USD stablecoins is established, numerous financial and tech giants will rush in. Even Trump has expressed hope for Congress to submit the bill for signing soon. The market's confidence in U.S. regulation is becoming increasingly clear, and optimistic sentiment is directly driving Bitcoin to soar! It is also worth mentioning that some Democratic lawmakers have withdrawn their opposition, and the stablecoin regulatory bill is set to be debated in the U.S. Senate, with both parties accelerating its passage, potentially completing it this week. This greatly enhances investors' confidence in the cryptocurrency market, and the investment value of Bitcoin is soaring!
Macroeconomic support, Bitcoin becomes the first choice for hedging.
The results of the China-U.S. Geneva negotiations favor risk assets, leading risk-seeking investors to aggressively increase their Bitcoin holdings. Meanwhile, the stalled U.S. budget negotiations and rising deficit spending have raised concerns, putting immense pressure on the dollar. In this context, Bitcoin, with its hedging properties, has become a safe haven for market participants, and the notion of 'Bitcoin as a hedge' is gaining momentum, bringing substantial benefits to Bitcoin and crypto assets!
Funds are flooding in, and the upward momentum is strong.
Institutional funds are flooding into the Bitcoin market, with MicroStrategy alone accumulating over $50 billion worth of Bitcoin. Other digital asset institutions are also following suit, becoming a strong driving force behind Bitcoin's rise. The ETF tracking Bitcoin saw over $40 billion in inflows last week, and in May, investors poured about $3.6 billion into a series of Bitcoin ETFs in the U.S. Additionally, many companies are actively entering the market, providing diversified Bitcoin investment channels for investors through convertible bonds, preferred stocks, and more. The options market is also optimistic, with the most outstanding open contracts for call options with strike prices of $110,000, $120,000, and $300,000 expiring on June 27 at the cryptocurrency options exchange Deribit, fully demonstrating traders' strong expectations for Bitcoin price increases.
Supply tightness, the upward price trend is unstoppable.
Glassnode data shows that the non-liquid supply of Bitcoin has reached a historical peak, indicating that the current Bitcoin surge is not driven by retail frenzy but is the result of multiple structural forces working together. Historical supply tightness has further highlighted Bitcoin's scarcity, providing solid support for price increases!
Compared to other investment products, Bitcoin has unique advantages in regulation, macroeconomics, capital flow, and supply-demand structure.
