📊 #Bitcoin hits new ATH ~$122.8K, increasing YTD gains to ~28%, and achieving a market share of near 55%—its highest since 2021
Key drivers behind the momentum:
✅ Institutional adoption: ETF inflows >$15.6B YTD. US states such as Texas are adding $BTC to treasuries, and others such as Arizona are formalizing custody rules.
✅ Technology: @lightning launches Taproot Assets v0.6, streamlining #stablecoin issuance and #Bitcoin payments.
✅ Macro backdrop: Fed holds rates at 4.25–4.50% but signals inflation caution. Israel–Iran ceasefire calms oil markets and risk appetite. Equities at ATH (e.g., S&P 500).
🔎 Catalysts to watch: US inflation data, Fed guidance, and ongoing ETF flows. Stay tuned 📈