Overview
- Bitcoin crossed the $100,000 mark for the first time since February, reaching highs of over $104,000 in volatile trading sessions.
- President Donald Trump announced a US-UK trade agreement, easing tariff concerns and boosting investor confidence across risk assets.
- Institutional investors contributed $142 million in spot Bitcoin ETF inflows on Wednesday, signaling growing adoption by major financial players.
- Ethereum and other altcoins saw double-digit gains, with Ethereum surpassing $2,200, marking its strongest performance in over two months.
- Analysts forecast further upside for Bitcoin, with projections of $120,000 by the end of Q2, as market sentiment remains bullish.