Overview
- Bitcoin is trading at approximately $93,000–$94,000, nearing its all-time high of $109,000 from January 2025.
- The cryptocurrency has surpassed Google to become the fifth-largest global asset by market capitalization, valued at $1.86 trillion.
- U.S. spot Bitcoin ETFs recorded a single-day inflow of $913 million, reflecting renewed institutional interest.
- Pro-crypto SEC Chair Paul Atkins' recent appointment has bolstered market optimism, alongside easing U.S.–China trade tensions.
- Tether, Bitfinex, and SoftBank have committed $3 billion to a new corporate Bitcoin buying initiative, further solidifying its adoption.