WHALE'S ACTIVITY ALERT
Bitcoin Inches Closer to All-Time High—Here's What's Driving Its Price
Bitcoin nears record high as ETF inflows, macro uncertainty, and trade-driven inflation risks draw investor interest.
In brief
Bitcoin traded above $106,000 on Monday, its closest level to the January all-time high of $108,786.
U.S. spot Bitcoin ETFs saw $2.8 billion in net inflows in May, with total assets exceeding $122 billion.
Inflation concerns have resurfaced after Walmart warned of tariff-related price hikes hitting shelves this summer.
