This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Bitcoin hovered near $110,000 as investors braced for U.S. inflation data that could shape the Federal Reserve’s rate-cut timeline. Institutional demand and ETF inflows continue to bolster the market, with analysts eyeing a potential ‘supercycle.’
- Fed funds futures price a 61% probability of a September rate cut, influencing crypto market sentiment.
- BlackRock’s Bitcoin ETF (IBIT) reaches $70B in assets, underscoring institutional adoption.
- Analysts caution that regulatory risks or bond market shifts could cap Bitcoin’s upside despite bullish targets.
📎 Related coverage from: decrypt.co