Bitfinex's latest report indicates that Bitcoin is experiencing unprecedented capital inflows, particularly driven by strong institutional demand for Bitcoin ETFs, pushing its price close to the historic $100,000 mark. 💰✨
Despite long-term holders beginning to take profits near $99,334, Bitcoin still shows remarkable resilience. After stabilizing at $96,000 over the weekend, it regained some momentum in Monday morning trading. 📈
Since the pre-election low of $66,880, Bitcoin has risen by 47%, and has surged 130% year-to-date. Its market capitalization has now surpassed Saudi Aramco, becoming the seventh largest asset in the world, with a valuation exceeding $1.9 trillion. 🌍🚀
Bitcoin's outstanding performance relative to traditional assets is undeniable, and the future looks promising!