In the past 48–72 hours, Bitcoin has stood out with a sharp upward move driven largely by three main factors:

1. Massive ETF inflows & short squeeze – Over $1 billion poured into Bitcoin ETFs, while nearly $1 billion in short positions liquidated, triggering further buying pressure.

2. “Risk‑on” macro sentiment – U.S. equities rallying, easing tariff concerns, and optimism around Q2 earnings boosted appetite for risk assets like Bitcoin.

3. Institutional & corporate accumulation – Continuing ETF adoption, companies increasing treasury allocations, and the U.S. forming a strategic Bitcoin reserve reinforce legitimacy.

These catalysts combined to push BTC to fresh all‑time highs ($118K), making it the standout crypto in the last few days.$BTC