Loraz
@loraz
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738 Followers
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Bitcoin is trading just shy of record levels, rising alongside renewed interest in exchange-traded funds and shifting economic signals that are drawing investor capital back into risk assets. The crypto climbed above $105,700 on Sunday evening, extending gains made over the past two weeks. The asset is trading just above $106,500, CoinGecko data shows. While previous rallies were often powered by retail speculation, this one is unfolding amid heavy flows into spot Bitcoin ETFs, stable interest rate expectations, and renewed debate around inflation as tariffs on key imports come back into focus. “Looking ahead, we believe there is further room for digital assets to rally, especially as Coinbase’s inclusion into the S&P 500 on 19 May draws closer,” Singapore-based QCP Capital wrote in a note last week. 0 reply
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