Key Influencing Factors and News:

* Institutional Inflows: Institutional interest continues to support the price of Bitcoin, with reports indicating significant financial inflows into Bitcoin exchange-traded funds (ETFs) amounting to approximately $1.5 billion recently. This demand from major investors and companies boosts confidence in the future of the digital asset.

* Macroeconomic Environment: Global markets, including the cryptocurrency market, are awaiting any hints from the U.S. Federal Reserve regarding the possibility of interest rate cuts. Historically, lower interest rates lead to increased investor interest in higher-risk assets like Bitcoin in search of better returns.

* Positive News:

* Prominent figures in the financial world, such as Michael Saylor, continue to express their optimism and support for Bitcoin.

* An Emirati investment fund announced a $100 million investment in a cryptocurrency project linked to Donald Trump, highlighting the growing interest in the sector in the Middle East.

* Caution and Vigilance: Despite the positive sentiment, there is a sense of caution in the market, especially with trading volumes stabilizing. Some analysts prefer to wait for confirmation of a breakout above key resistance levels before declaring the continuation of the upward trend.