Bitcoin surged past $87,600 during Asian trading hours, marking its highest level since early April, driven by capital rotation into hard assets amidst rising global liquidity and inflation concerns. Vincent Liu, chief investment officer at Kronos Research, noted that financial conditions have relaxed, allowing investment capital to flow into assets like Bitcoin and gold. Analysts observed significant trade volumes, with Bitcoin's value rising approximately 3.6% in a day as the U.S. Dollar Index dropped to its lowest since February 2022 following political developments. Recent market recovery follows President Trump’s April 10 announcement of a 90-day tariff exemption, creating a favorable sentiment. As institutional confidence gradually returns, driven by modest inflows into Bitcoin ETFs, some market participants urge vigilance around Federal Reserve communications and risk management as volatility persists in short-term price movements.

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