Bitcoin Smashes Through $98K as Crypto Winter Thaws—Traders Cheer (For Now)

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2025-05-06 10:45:29

Bitcoin Nears $98K, Restores Investor Confidence Amid Market Rebound

BTC’s bull run defies skeptics—again—as institutional money floods back into digital assets. Just don’t ask about the 37% correction coming next quarter.

The king of crypto claws back from its 2024 slump, leaving bagholders relieved and Wall Street scrambling to update their ’blockchain is dead’ PowerPoint decks. Liquidity’s returning faster than a Lehman Brothers exec to a yacht party.

Key drivers? Spot ETF inflows, halving hype, and that timeless market catalyst: pure, unfiltered FOMO. Technicals suggest the rally has legs, but let’s see how long the ’number go up’ magic lasts this time.

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