$BTC $BTC Bitcoin stole the show today by reaching a price near the record of $111,062, driven by a renewed appetite for risk and Fed minutes suggesting rate cuts later this year. On Binance, BTC traded between $108,500 and $112,000, settling around $111,130, reflecting strong institutional inflows and optimism about the spot ETF.
The main drivers include:
• ETF momentum: Ongoing approvals and inflows into Bitcoin ETFs are unlocking new capital.
• Favorable macroeconomic winds: Dovish signals from the Fed and declining inflation are boosting 'risk-on' sentiment.
The main drivers include:
• ETF momentum: Ongoing approvals and inflows into Bitcoin ETFs are unlocking new capital.
• Favorable macroeconomic winds: Dovish signals from the Fed and declining inflation are boosting 'risk-on' sentiment.