Bitcoin's price has surged past $126,000, driven by U.S. President Donald Trump's recent reduction of tariffs as part of a U.S.-China trade agreement. This policy shift has spurred increased institutional interest in cryptocurrencies, particularly through exchange-traded funds (ETFs).
Major financial institutions like BlackRock and Fidelity Digital Assets have expanded their involvement in the crypto market, with daily ETF inflows surpassing $1 billion. This influx of capital has bolstered Bitcoin's market position, contributing to its bullish momentum.
Bitcoin Surges Past $126,000 on Tariff Cuts and ETF Inflows
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