Bitcoin Hits New High of #BTC再创新高 : Momentum and Concerns Coexist

Recently, Bitcoin has strongly broken through its previous high, mainly driven by the continuous influx of massive institutional funds attracted by the U.S. spot ETF, significantly enhancing market confidence. At the same time, global inflation concerns and volatility in traditional financial markets have prompted some funds to seek alternative asset hedges. The narrative of Bitcoin as 'digital gold' and the upcoming expectation of 'halving' supply contraction have jointly boosted its valuation. However, the risks of severe volatility, regulatory uncertainty, and macroeconomic policy shifts remain high, and investors should be wary of the potential for high-level corrections. Future trends will closely correlate with the sustainability of institutional fund inflows and changes in market risk appetite.

(This article does not constitute any investment advice and is for reference only.)