Bitfinex Report Confirms Return of Bitcoin Bull Market

In Brief:

Bitcoin reclaims $100,000 for the first time in over three months, driven by macroeconomic tailwinds.

ETF inflows surpass $920 million, while over 3 million BTC are now in profit, reinforcing bullish momentum.

According to a new report from Bitfinex, Bitcoin has officially re-entered a bull market phase after breaking past the $100,000 level for the first time in more than three months. The recovery follows a 32% correction from its January all-time high, now buoyed by easing global trade tensions and a more dovish stance from the U.S. Federal Reserve.

The report highlights a strong shift in market sentiment, noting that Bitcoin has outperformed traditional equities in recent weeks. This trend is supported by rising institutional participation, with ETF inflows exceeding $920 million over the past two weeks. On-chain data further indicates that over 3 million Bitcoins are now being held at a profit, a significant reversal from recent months.

Additionally, Bitcoin’s realized market value has reached a record high, while spot trading volumes are climbing. Bitfinex analysts believe that as long as the macroeconomic environment remains favorable, Bitcoin is structurally well-positioned for continued upward movement. Any short-term dips, they argue, are likely to be quickly absorbed, fueling the ongoing bullish trend.

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