$BTC Today's Bitcoin (BTC) price is rising sharply due to several key factors:
1. Large capital inflow into Bitcoin ETFs
Spot Bitcoin ETFs such as BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC have attracted billions of USD from institutional investors. IBIT alone received over 1.6 billion USD in the past week, reinforcing confidence in Bitcoin as a long-term asset.
2. The monetary policy of the U.S. Federal Reserve (Fed)
Chairman Jerome Powell's statements about the possibility of interest rate cuts in 2025 have increased investor expectations for risk assets like Bitcoin. Lower interest rates typically boost demand for assets like Bitcoin.
3. The more tense the trade war, the more BTC investment serves as a safe haven after Gold
