💥Bitcoin has reached a record price of nearly 112,000 USD, driving trading volume in both the spot and futures markets to surge.
Specifically, the spot trading volume in the last two days has reached 150 billion USD, the highest level in nearly two months. At the same time, the trading volume of Bitcoin futures on Wednesday reached 203 billion USD, the third-highest since the beginning of 2025. This growth indicates a strong investment demand from the market, as investors increasingly trust Bitcoin's role as an inflation hedge and a store of value, especially in the context of the USD facing the risk of depreciation.
Notably, the inflow of funds into Bitcoin spot ETFs in the US has also been very strong, with over 1.6 billion USD in just the first few days of the week, although this figure has not yet been included in CoinGlass statistics.
Not just Bitcoin, major altcoins have also surged in the overall market recovery. Ethereum has increased by 56% over the past 30 days and is now above 2,600 USD.
The market recovery is taking place against a backdrop of many positive macroeconomic signs, such as former President Trump easing global trade tensions and newly released inflation indices being stable. Additionally, listed companies like Strategy continue to buy large amounts of Bitcoin, reinforcing the positive sentiment among investors.