Overview

• Bitcoin rose above $113,000 for a second consecutive day, breaking out of the range it had traded in for months.
• U.S. spot Bitcoin ETFs recorded record net inflows as institutional investors and corporate treasuries boosted their BTC allocations.
• A renewed appetite for risk assets lifted the rally after investors shook off earlier U.S. tariff threats.
• CoinGlass data shows more than $318 million in short positions were liquidated across centralized exchanges, amplifying buying pressure.
• President Trump’s push for Federal Reserve rate cuts and executive orders to support crypto have strengthened bullish sentiment.