BTC in ‘Reaccumulation Phase’ on Fed Easing Bets, Trump Tariff Shift

Bitcoin and the broader crypto market saw a recovery over the weekend as the price of bitcoin rose 3% to $110,770, despite being down about 4% for the month. This rebound is attributed to an improvement in global risk sentiment, boosted by U.S. President Donald Trump's softer tariff stance and indications that the Federal Reserve may ease monetary policies. Analysts note that while short-term momentum may fluctuate, the long-term trajectory of bitcoin is heavily influenced by macroeconomic factors, including Fed policy and demand from institutional investors. Data shows that corporate accumulation of bitcoin is increasing, with entities raising their holdings by 8.4% in the past month. Meanwhile, several altcoins experienced significant variances in value, with ChainLink rising 14% after whale accumulation. Despite the positive sentiment, caution remains due to geopolitical tensions and variable market structures during this reaccumulation phase.

Source 🔗