Bitcoin Rises 0.97% Amid US Stock Market Surge

Bitcoin has experienced a slight increase of 0.97% over the past week, reaching a value of $108,190.81. This rise comes amidst a surge in the US stock market, with major indexes hitting record highs driven by optimism surrounding trade talks and potential Federal Reserve decisions. The market's bullish sentiment has been fueled by asset managers, who have shown increasing confidence, raising concerns of potential over-concentration and possible volatility with upcoming key events.

The focus of the market has shifted heavily to the US, with the release of the Federal Reserve's monetary policy minutes and speeches from important figures like St. Louis Fed President Moussalem. The upcoming Fed minutes and speeches are expected to provide critical insight into future rate policies, with a 4% chance of a rate cut in July. The historical pattern shows periods of exuberant sentiment leading up to central bank announcements often trigger significant equity and crypto market shifts.

Bitcoin's rise can be attributed to its movement with macroeconomic headlines and policy signals. The cryptocurrency's market cap is roughly $2.15 trillion, holding a market dominance of 64.66%. The past 90 days marked a remarkable 31.33% rise, according to data. The Coincu research team notes a potential for market recalibrations should economic data shifts lead to unexpected rate changes, impacting financial markets significantly.

Trump's tariff policy is also in the spotlight due to a looming deadline. Analysts stress that this tendency may amplify market reactions, particularly if expectations around tariffs or rate cuts shift abruptly. The focus is now on macroeconomic data and policy signals, likely shaping future asset valuations and investor strategies.