Bitfinex Report: Bitcoin Bull Market Returns

Odaily Planet Daily News Bitfinex published a latest report, which pointed out that Bitcoin returned to the $100,000 mark for the first time in more than three months, showing new strength after falling 32% from its all-time high in January. Driven by macro-positive factors such as easing tariff tensions and the Fed's dovish stance, Bitcoin's breakthrough echoed the broader shift in risk appetite and enabled it to outperform stocks. Importantly, the momentum of continued capital inflows into Bitcoin seems to continue, as reflected in the fact that Bitcoin's actual market value hit a record high in the past two weeks, with ETF inflows exceeding $920 million. On-chain data also confirmed that the number of Bitcoins held at a loss has dropped significantly, with more than 3 million Bitcoins making a profit. Coupled with the rise in spot trading volume and institutional-led ETF inflows, Bitcoin is now on a solid structural footing. As long as the macro environment remains supportive, short-term declines are likely to be quickly digested, reinforcing the upward trend and putting BTC in a favorable position to hit new highs.