Bitcoin is holding steady around US$94K after rising more than 10% in April, despite growing recession concerns. While weak GDP data triggered a brief dip, investor sentiment remains resilient.
Crypto momentum builds as Bitcoin climbed above US$95k on Friday after double-digit gains last week. The rally has been fueled by easing trade tensions, Fed rate cut hopes, and growing institutional interest.
Easing trade tensions, stabilising markets, and over US$900M in ETF inflows pushed Bitcoin’s price above US$94k this week, as investor sentiment shifted across global markets.
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 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.