Analyst: Bitcoin breaks through $87,000, but it’s still too early to talk about a bull market

Odaily News The price of Bitcoin broke through $87,000 today, the first time since April 2. Dominick John, an analyst at Kronos Research, said that this round of rise was driven by the recovery of global liquidity and institutional buying, and Strategy's recent increase in BTC holdings was also a key signal. Although the spot Bitcoin ETF had a net inflow of $15.8 million last week, analysts generally believe that it is "still too early" to talk about a new round of bull market amid the uncertainty of the Federal Reserve's interest rate policy and Trump's tariffs. (The Block)