Overview

• Bitcoin's price surged to $107,000, marking its highest daily close ever and placing it just 2% below its January all-time high.
• U.S. spot Bitcoin ETFs recorded $667 million in net inflows on Monday, highlighting strong institutional demand.
• Traders are increasingly betting on Bitcoin reaching $300,000 by June, with $300,000 strike call options gaining popularity on Deribit.
• President Trump's pro-crypto stance and easing trade tensions have bolstered market confidence in recent weeks.
• While Bitcoin shows strong momentum, major altcoins like Ethereum and XRP continue to underperform in the current rally.