How Policy Shifts, Geopolitical Tensions Are Reshaping the Bitcoin Trade
Bitcoin has rebounded to $72,800, up 6.8% in the past 24 hours, though still 42% below its October peak of $126,000. Investors attribute the rally to multiple structural factors, including nearly $700 million in recent inflows to U.S. spot Bitcoin ETFs, a reversal after months of outflows, and stronger policy engagement from Washington. Market sentiment has shifted, with 57% of Myriad Markets users now betting on Bitcoin rising to $84,000. President Trump has called for swift passage of the CLARITY Act to clarify crypto market regulations, amid ongoing disputes over stablecoin platforms and their regulatory oversight. Infrastructure advances, such as Kraken’s banking unit gaining Federal Reserve access, are also seen as positive catalysts, though banks warn of systemic risks. Technical indicators now signal a market bottom, according to brokerage K33, and analysts suggest the convergence of policy momentum, infrastructure integration, and institutional interest may signal the start of a new bull cycle for crypto, despite ongoing geopolitical tensions.
