Bitcoin broke $97,000 today, reaching a recent high. The reason behind this is simple: U.S. economic data has worsened, and the market is beginning to bet on a Federal Reserve interest rate cut in June.

With this expectation of monetary easing, funds naturally flow towards high-risk assets. In the last two hours, several whales collectively purchased $7.2 million worth of ETH, which is a clear signal of significant capital entering the market.

Additionally, the Trump administration's attitude towards cryptocurrencies is quite positive, which helps boost market sentiment.

More and more institutions are entering the market, but don’t forget to diversify your investments; tomorrow there will be non-farm payroll data. Gan $BTC