The largest cryptocurrency by market capitalization, Bitcoin (BTC), popped up above $88,000 during the Asian session on Tuesday, tagging an intraday peak of $88,877. Spot Bitcoin Exchange Traded Funds (ETFs) recorded a total net inflow of $381 million on Monday, with none of the 12 licensed products posting net outflows, representing the return of institutional demand. This inflow surge underscores Bitcoin's role as a hedge during times of uncertainty in global markets, especially now with the US dollar (USD) sliding against major currencies. 

US President Donald Trump's hostile gestures towards the Federal Reserve (Fed) shook the US dollar (USD), triggering a sharp drop on Monday as Trump criticized Fed Chair Jerome Powell for not cutting interest rates.  $BTC