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Bitcoin Surges Past $90,000 as ETF Inflows Hit Record High for April

Institutional demand and shifting investor sentiment drive Bitcoin's rally, marking its highest price since early March.

Bitcoin ETFs hit highest inflows since January as Bitcoin rebounds.
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Overview

  • Bitcoin ETFs recorded $381.3 million in net inflows on Monday, the largest single-day inflow since January, signaling renewed institutional interest.
  • Bitcoin's price climbed above $90,000 for the first time since early March, rising over 5% in the past five days.
  • The cryptocurrency is decoupling from traditional risk assets like equities, with analysts noting its increasing role as a macro hedge akin to digital gold.
  • Market volatility tied to President Trump's tariff policies and criticism of Fed Chair Jerome Powell has influenced Bitcoin's recent price movements.
  • Analysts caution that Bitcoin may face resistance around $93,000 without further catalysts such as Federal Reserve easing or tariff resolutions.