Overview

• Bitcoin is trading near $105,000, approaching its all-time high, following the U.S.-China trade agreement reached in Geneva.
• Ethereum has surpassed $2,500 for the first time in over three months, signaling renewed confidence in altcoin markets.
• BlackRock’s spot Bitcoin ETF has attracted over $5 billion in inflows over the last 20 trading days, underscoring strong institutional interest.
• Recent regulatory changes now allow Wall Street banks to custody Bitcoin, further accelerating institutional adoption.
• Markets are closely watching April CPI data, expected to show inflation easing to 2.3%, which could influence Federal Reserve rate expectations and crypto momentum.