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Bitcoin holds firm after breaking US$107K as spot demand and institutional interest grow. In this week’s wrap: fresh forecasts from JPMorgan, Ripple’s real-world XRP pilot, and what the latest dominance data says about altcoins.
Spot Bitcoin ETFs are driving momentum beyond US$100k. Price is being supported by reduced miner selling and a strong wave of global interest from institutions, policymakers, and retail investors alike.
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.
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.
The price of Bitcoin fell to US$82,000 as traders reacted to economic uncertainty, including upcoming US tariffs and inflation concerns. Major altcoins like Ethereum, XRP, and Solana also faced losses.
Bitcoin breaks past $86K as institutional inflows and easing tariff concerns fuel a crypto market rebound.