1. After the listing of Circle, the stock price experienced a big pump, attracting institutional interest in Bitcoin. 2. Institutions such as MicroStrategy and BlackRock continue to buy Bitcoin. 3. The negotiations on China-US economic and trade relations have eased. 4. Yesterday, the net inflow of Bitcoin spot ETF was 265 million USD.
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The reason for the recent big pump of Bitcoin
1. After the listing of Circle, the stock price experienced a big pump, attracting institutional interest in Bitcoin.
2. Institutions such as MicroStrategy and BlackRock continue to buy Bitcoin.
3. The negotiations on China-US economic and trade relations have eased.
4. Yesterday, the net inflow of Bitcoin spot ETF was 265 million USD.