Bitcoin reached a new all-time high of over $109,000, marking a significant milestone just four months after its previous high of $108,786 in April. The recent surge of approximately 25% over the past month is attributed to improved macroeconomic conditions and rising investor interest amid easing trade tensions from the U.S. government. Market optimism has been heightened following positive inflation reports and President Donald Trump's partial retreats from tariffs, leading many to view Bitcoin as a hedge against economic uncertainties. Experts believe this rally reflects a shift in how investors perceive Bitcoin, transitioning from a speculative asset to a more significant long-term investment. Joe DiPasquale, CEO of BitBull Capital, noted that growing institutional interest contributes to this sustained rally. The trend reflects a broader favorable environment for cryptocurrencies and risk assets, as favorable economic indicators continue to emerge.

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