Bitcoin breaks past $86K as institutional inflows and easing tariff concerns fuel a crypto market rebound.
After a second consecutive weekly close in the green, Bitcoin gained 4.25%, holding above US$86K following spot Bitcoin ETF inflows. Meanwhile, global regulatory momentum picked up.
Crypto markets bounced back as the US Federal Reserve held rates steady, easing investor nerves. Bitcoin broke past US$86K, while altcoins saw modest gains amid renewed confidence in the market.
The world of cryptocurrency is no longer an emerging trend on the fringes of financial markets, it is a rapidly expanding force reshaping the global economy. This is a movement gaining momentum, and Australia has a pivotal role to play.
Bitcoin exchange-traded funds (ETFs) are seeing a resurgence in investor demand. Monday marked the biggest single-day inflow since early February.
Bitcoin's price bounced back to US$85k during the last trading week. It’s now entering a phase of consolidation as concerns over a potential "Trumpcession" are rising.