Bitcoin spot ETFs just saw their biggest single-day inflow since January. Here’s what’s behind the spike and why institutions are piling in.
Bitcoin breaks above US$93K while equities slide. Could this mark the start of a new phase for the crypto market?
Bitcoin climbed over US$88,000, its highest level since late March, after consolidating between US$83K-US$86K last week. Investors are looking to crypto as a hedge amid falling US stocks and concern over the dollar.
Inflation fears, and lingering tariff uncertainty pushed Bitcoin above US$86k this week. US Fed survey showed rising consumer anxiety, while analysts flagged growing concerns about the dollar’s stability.
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