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Bitcoin (BTC), which is the most popular cryptocurrency, is experiencing a notable rise. Its price has been approaching the $100,000 level for the very first time since 2025.
The recent increase in Bitcoin ETFs is a reflection of the growing interest and confidence in cryptocurrency markets.
Bitcoin and Major Cryptos Rebound
A recent study suggests that report Fortune reported that Bitcoin ETFs attracted the largest amount of money since December. Last week, they received more than 3 billion dollars. These ETFs are often viewed as barometers of the market’s sentiment. They show that more investors see Bitcoin as an asset class.
Bitcoin’s recent buy-in comes at a time when it has reversed the downward trend that began in April, rising from $75,000 to $95,000 before April 28. Over the past week alone, Bitcoin has jumped approximately 8%, reaching a price of $95,500—levels not seen since February.
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Gadi Chait (head of investment, Xapo Bank) stressed that the price change is not just a simple fluctuation, but rather a sign of renewed investor interest in this market.
Chait pointed out that a combination robust institutional inflows Through ETFs, and strong bullish trading in options, Bitcoin could potentially surpass the $100,000 mark in the very near future.
Bitcoin’s recent price increase is being mirrored by the broader cryptocurrency markets recovery. In recent weeks, other major cryptos have seen gains, including Ethereum, which has risen 11% in value, XRP, up by 9% and Solana, at 8%.
The resurgence comes after a period of turmoil triggered by the announcement made earlier in this month about President Trump’s tariff policy, which led initially to a substantial drop. market downturn.
Assets Preferred as Safe Havens in the Face of Turbulent Equity Markets
On April 2, the S&P 500 suffered a massive blow, wiping out $2.5 trillion in a single day as investors reacted to potential disruptions in supply chains and inflationary pressures. Many investors flew from higher-risk assets like cryptocurrencies as they braced themselves for tariff impact.
The market stabilized after Trump approved a 90 day pause for most tariffs. This did not include those that affect China. The market reacted positively to this announcement. S&P 500Bitcoin recovered by 9% in April 9, marking the largest one-day gain since 2008.
Since President Donald Trump’s tariff pause was announced, the S&P 500 has seen a modest increase of 1%, whereas Bitcoin has outperformed with a 14% gain.
James Butterfill noted, as the head of CoinShares’ research, that there is a significant difference in perceptions between investors and traditional equity.
As equities are under pressure due to tariffs and falling corporate earnings, BTC has become a more attractive investment. safe-haven asset—detached from centralized entities such as governments or central banks. Bitcoin’s performance could have been influenced by this shift in perception.
“While equities are weighed down by tariffs and declining corporate earnings prospects, Bitcoin remains unaffected and has actually benefited from investors seeking alternative safe-haven assets,” Butterfill is a company that was founded in the year of 2009.
BTC’s price retraced to $94,640 on Monday. This represents a monthly increase of 14%.
Chart from TradingView.com, image from DALL.E
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
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Source: www.newsbtc.com
