Bitcoin continues to strengthen its gains, surpassing the $105,000 mark, supported by increasing institutional momentum and a monetary environment leaning towards easing. This jump comes as several American investment funds announce significant increases in their Bitcoin holdings, coinciding with market anticipation of the Federal Reserve's meeting scheduled for this week, amid expectations of steady interest rates with a more neutral tone. At the same time, recent data indicated a rise in capital flows towards digital asset funds by approximately $1.8 billion in just the past week, the highest level since the beginning of the year. On the other hand, the Nasdaq index is experiencing some slight volatility due to profit-taking in technology stocks, but it still maintains its overall upward trajectory. This interaction between traditional and digital markets reflects a shift in investor behavior towards diversifying investment tools, with increasing institutional recognition of cryptocurrencies as a vital investment refuge amid the uncertainty of global monetary policies.
