Bitcoin's Price Surge and Market Dominance
Bitcoin $BTC has reclaimed significant market attention, with its price surging past $93,000 and approaching $95,000, driven by optimism over U.S.-China #USChinaTensions trade relations and a perceived decoupling from traditional stock market volatility. Bitcoin's dominance reaching a four-year high, while altcoins like Ethereum $ETH see declining market share. This rally is bolstered by Bitcoin's role as a hedge against a weakening U.S. dollar and macroeconomic uncertainty, with analysts noting its resilience amid tariff-related market turbulence.#MarketRebound
On the other hand, $INIT token, part of the Initia Network coinciding with its Token Generation Event (TGE). This listing marks its availability on multiple centralized exchanges (e.g BingX), enabling users to buy, sell, or trade the token. The evidence leans toward active trading, with a reported 24-hour trading volume of approximately $648.69 million as of April 25, 2025, indicating strong market interest.