Bitcoin price rallies above 97,000 USD as institutional and retail traders’ appetites shrink

Bitcoin’s price has soared above 97,000 USD, although trader activity is restrained. Factors impacting demand include lower US Treasury yields and concerns surrounding economic policies.

Despite favorable price movements, institutional interest in Bitcoin remains muted. The ongoing instability in macroeconomic conditions, coupled with recent tariff escalations, has affected trading sentiment significantly.

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