What’s Driving the Cryptocurrency Surge?

Bitcoin’s current market sentiment has turned more positive after a strong price rebound. The cryptocurrency surged from $75,000 to over $85,500 within a few days, followed by a 90-day pause on tariffs. This move calmed global market fears and gave Bitcoin a chance to recover. 

According to market platform Santiment, traders are feeling more optimistic, and blockchain data supports this shift. Big investors like Michael Saylor’s Strategy are still buying Bitcoin in huge amounts, showing long-term confidence. However, fewer Bitcoin are being kept on exchanges, which usually means investors prefer to hold rather than sell. Santiment also noted that many Bitcoin holders are now in profit, which lowers the pressure to sell and helps support the price. 

Sudden Bitcoin Price Rise Linked to Trade News

In a recent video analysis by Altcoin Daily, the analyst explains that this happened after an update on President Donald Trump’s campaign website. The update said that, if elected, Trump would pause some tariffs on Chinese goods. Since the crypto market is always open, it reacted faster than the stock market.

However, confusion followed shortly after. Trump posted on his social media platform, Truth Social, saying no changes to tariffs had been officially announced. This mixed message created uncertainty in the market and made it hard to know whether the price rise was based on real news or not.

Meanwhile, even though Bitcoin had a short-term rise, large investors are still cautious. Many are waiting for clear signals from the government before making big moves. Uncertainty around trade policies and the upcoming election is making these investors stay careful.

Morgan Stanley Suggests a Flat Market

The analyst also mentions a recent report from Morgan Stanley analyst Michael Wilson. He believes that both the stock market and the crypto market are currently stuck in a sideways trend. He says this could last another three to six months. Wilson also says that the government and the Federal Reserve are not doing much to support the economy right now, which could lead to more price swings in all markets.

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Will Bitcoin Revive or Crash?

Bitcoin may be entering a cooling phase after what Bloomberg’s senior strategist Mike McGlone calls the “biggest money pump in history.” Following a dramatic price surge, Bitcoin is now showing signs of fatigue, with McGlone warning that it could be losing its status as “digital gold” as traditional gold makes a strong comeback. He points to continuous outflows from Bitcoin ETFs and a shift in investor preference toward gold as signs of a market hangover after the recent crypto frenzy. He further adds that despite Bitcoin’s 8% rally over the weekend to around $85,000, investors are leaning back toward safer, time-tested assets. 

However, not all experts agree. Financial author Robert Kiyosaki Robert Kiyosaki Robert Toru Kiyosaki is an American businessman and author, known for the Rich Dad Poor Dad series of personal finance books Content Creator / Influencer argues that Bitcoin, gold, and silver are all rising together, marking a broader shift away from fiat and traditional financial instruments.

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