Overview

• Bitcoin has climbed above $96,000, marking its strongest position since February's correction triggered by U.S. tariff policies.
• Treasury acquisitions by companies like Strategy and Metaplanet, along with sustained ETF inflows, underscore rising institutional adoption.
• U.S. Commerce Secretary Howard Lutnick announced progress on trade deals, fueling optimism for risk assets, including Bitcoin.
• The U.S. economy contracted by 0.3% in Q1 2025, the first decline in three years, raising concerns about recession and inflation due to tariffs.
• Analysts suggest Bitcoin is transitioning from a speculative asset to a store of value, with potential to break the $100,000 threshold.