Bitcoin Near $108K Because Fed Dovish Signals and Retail Inflows

Bitcoin jump almost 10% from weekend low dey trade round $108,000 on June 26 as tension for Middle East dey reduce and better risk appetite kon gatz enter market sharply. Federal Reserve show soft sign dem—many people dey talk say them go cut rates for July—and dollar weak reach lowest level since February 2022. Dis kain environment cause plenty money enter from big institutions and small small investors: LVRG Research talk say institutions dey buy more, eToro data show say 58% U.S retail investors dey move their money go crypto and CoinShares hear say 89% plan to increase their crypto holdings. Technical indicator dem show say support dey back as Bitcoin cross 50-day moving average and bigger crypto market climb pass 200-day average. Ethereum, XRP, BNB, SOL and DOGE all rise small small between 1–2%. Nvidia shares reach record high—get 0.8 correlation with Bitcoin—and bond yield curve steepen add to the risk on mood. All combined macro data, FedWatch tool forecast say about 60 basis points easing 2024 go happen, plus strong retail demand dey support bullish outlook for Bitcoin and wider crypto market dem.