Overview

• Bitcoin's price reached $97,000, with market dominance climbing to 64.89%, its highest since January 2021.
• Approximately $1.5 billion in spot Bitcoin ETF inflows this week highlight growing institutional demand.
• The U.S. economy's Q1 contraction and optimism about U.S.-China tariff discussions are bolstering safe-haven demand for Bitcoin.
• Altcoins, including Ethereum and Dogecoin, have posted significant gains during the broader market rally.
• Experts project Bitcoin could rise to $125,000–$150,000 by late summer, though a mid-cycle pullback is anticipated.