Bitcoin has recovered $ 96,000, a level that has not been seen since the end of November 2024, driven by a robust institutional question and the illumination of macro -economic fears.
Bitcoin (BTC) collected nearly 20% compared to the $ 79,000 low point in April, fed by $ 381 million in ETF entry and renewed optimism after the mitigated position of US President Donald Trump compared to China trade tensions.
However, analysts warn resistance of $ 94,000- $ 95,000, stating heavy sales pressure on spot markets. With BTC still 16% under the peak of January of $ 109,000, volatility remains a concern, mainly because the correlations of the stock market persist. Investors look at whether BTC Momentum can preserve in the midst of global economic uncertainties.
After the renewed institutional interest, in particular of major players such as strategy that have continued to acquire the original cryptocurrency in recent months, the newest rally from BTC as new players also originated in space. In particular, from twenty -one capital, which also announced this week, would acquire billions of dollars in BTC in an attempt to remove things from strategy.
