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.