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Bitcoin Surges Past $100,000 Amid Institutional Inflows and Trade Optimism(Business Insider)
Bitcoin has surpassed the $100,000 mark for the first time in three months, reaching an intraday high of $101,370. This surge is attributed to improved market sentiment following a U.S.-U.K. trade agreement and easing concerns over tariffs. Institutional interest has significantly contributed, with inflows into spot Bitcoin ETFs totaling $5.3 billion over the past three weeks. Investment firm Strategy plans to invest $84 billion in Bitcoin acquisitions, further bolstering confidence. Standard Chartered projects Bitcoin could reach $120,000 in the second quarter, though short-term volatility remains a concern due to low trading volumes and lingering tariff uncertainties. (Business Insider)
Reuters
Axios
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