Group 1 - Bitcoin has risen over 4% in the past 24 hours, surpassing $97,000, a level not seen since mid-November, following a stable inflation report from the Bureau of Labor Statistics [1] - Crypto-linked stocks, such as Coinbase (COIN) and Strategy (MSTR), have increased by almost 3% and more than 6% respectively, indicating a positive market sentiment [2] - The potential for lower interest rates this year, as suggested by the inflation report, is viewed as favorable for risk assets like Bitcoin, which may lead to further price increases [4] Group 2 - The possibility of passing the Clarity Act, which would create a regulatory framework for digital assets, is contributing to positive sentiment among crypto investors, although its advancement is uncertain due to postponed Senate discussions [5][6] - Smaller stocks, such as High Roller Technologies (ROLR), are experiencing significant gains, attributed to renewed optimism in the crypto market and partnerships with crypto platforms like Crypto.com [7] - Experts believe that stable inflation and ongoing regulatory developments are supporting the rise in digital asset prices [8]
Bitcoin Is on the Rise Again. Why Some Experts Think This Might Last a While