$BTC
Factors Influencing the Market
Institutional Investments: Digital asset investment funds experienced inflows of $5.5 billion over the past three weeks, including $1.8 billion in Bitcoin products.
Political and Economic Developments: The announcement of a preliminary trade agreement between the United States and the United Kingdom boosted investor confidence, contributing to the rise of Bitcoin.
Local Legislation: States such as Arizona and New Hampshire have enacted laws allowing the holding of reserves of digital currencies, reflecting increasing support for cryptocurrencies at the local level.
