Odaily Planet Daily News: Bitfinex has released its latest report, which points out that Bitcoin has returned to the $100000 mark for the first time in over three months, demonstrating new strength. Previously, the price had fallen 32% from its historical high in January. Driven by macro positive factors such as the easing of tariff tensions and the Federal Reserve's shift towards dovish stance, Bitcoin's breakthrough corresponds to a broader shift in risk appetite and has outperformed stocks.
Importantly, the momentum of continuous capital inflows into Bitcoin seems to be ongoing, as evidenced by the fact that the actual market value of Bitcoin has reached a historic high in the past two weeks, with ETF inflows exceeding $920 million. On chain data also confirms that the number of Bitcoin held at a loss has significantly decreased, with over 3 million bitcoins achieving profitability. In addition to the increase in spot trading volume and the inflow of ETF funds led by institutions, Bitcoin has now firmly established its structural foundation. As long as the macro environment remains supportive, the short-term decline is likely to be quickly digested, thereby strengthening the upward trend and putting BTC in a favorable position, with the potential to reach a new high.
