ETFs and Easing Fears: Bitcoin Rebounds to $110,500 on Renewed Institutional Appetite
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A wave of institutional buying, channeled through spot Bitcoin ETFs, has propelled the cryptocurrency back above $110,000.
The rally, which saw Bitcoin gain 3.16% and Ether jump 3.6%, signals that traders are looking past recent geopolitical and banking stresses. “Participants [are] treating the recent sell-off as a buying opportunity,” noted analyst Rachael Lucas.
This optimistic shift comes amid growing hopes for softer US monetary policy, providing a bullish macro backdrop that has overpowered concerns stemming from Trump’s China tariffs and the health of US regional banks.
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