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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.
Markets rallied as investor sentiment improved on news of a 90-day suspension of global tariffs by Donald Trump. Bitcoin climbed above US$84,000 after rebounding from last week's dip. Major altcoins also rallied, with some even posting double-digit percentage gains.
Bitcoin jumped above US$83,000 after Trump paused tariffs, sparking a market-wide relief rally. Altcoins like Ethereum, XRP, and Solana surged in response. Analysts warn the rebound may be short-lived.