Bitcoin exceeds 105k and opens the space for a new rally
Bitcoin (BTC) exceeded the USD 105,100 barrier, registering a significant advance in its weekly quotation. The upward movement occurs in a context of optimism in traditional financial markets, promoted by favorable macroeconomic data and a growing institutional exposure to the cryptocurrency ecosystem.
Among the factors that have served as catalysts for this expected rebound are the statistics of the Consumer Price Index (CPI) of the month of April, which this time were lower than expected in the United States. It is a signal that It has been interpreted as a possible relief for the monetary policy of the Federal Reserve (Fed), currently pressured by the impact of tariffs and the persistence of inflation.
It is also known that the market reacted enthusiastically The inclusion of Coinbase (COIN) in the S&P 500 stock indexbecoming the first native company of the cryptocurrency ecosystem to achieve this milestone. As Cryptonotics reported, this change could activate up to USD 16,000 million the purchase pressure on the company’s shares, which have already risen about 24%.
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