"Bitcoin has surged over 25% year-to-date, reaching record highs above $122,000, fueled by massive inflows from Wall Street, including $85 billion from new Bitcoin ETFs over the last year."
"The steady influx of traditional money has reduced Bitcoin's volatility, helping the crypto trading in a relatively tighter range compared to previous years due to the sharp increase via ETF inflows."
Bitcoin has seen a surge of over 25% year-to-date, surpassing $122,000 with $85 billion inflows from Wall Street Bitcoin ETFs. The reduction of Bitcoin's volatility is attributed to the influx of traditional capital. The S&P 500 has increased by 6.58% this year, a stark contrast to Bitcoin’s record gains. Notably, recent ETF inflows have significantly improved Bitcoin's liquidity, allowing it to trade within a tighter range. The regulatory environment under the Trump Administration has also played a role in supporting this trend.
Read at Fortune
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