Bitcoin Makes History, as Tariffs Remain a Mystery

🥳 Bitcoin's market value has officially reached a new all-time high, climbing to $109,500, edging past its prior peak of $109,241 that was recorded back on Trump's inauguration day (Jan. 20th). This milestone comes just 6 weeks after the crypto community was exhibiting max FUD over Trump's tariff news.

Besides the easing of the tariffs and 90-day pause between the U.S. and China, one of the key drivers behind Bitcoin’s ascent has been a growing wave of institutional investments. BlackRock expanded its Bitcoin holdings through its spot Bitcoin ETF, IBIT, which recently surpassed $20B.

Meanwhile, Fidelity and Ark Invest have also reported record inflows. Markets historically move the opposite direction of retail's expectations, and the same direction of institutional whales' capital. Since there has not been a significant amount of FOMO (due to continued tariff uncertainty and general jadedness), the runway was cleared for $BTC to eventually make history.

Bitcoin’s growing presence in the portfolios of major asset managers and hedge funds has quickly changed it from a speculative asset into a core component of diversified investments. Depending on the crowd's own greed, we could see $115K-$120k in the near future.