Bitcoin ETFs, gov’t adoption to drive BTC to $1M by 2029: Finance Redefined

The cryptocurrency market continued its recovery in the past week as the total crypto market capitalization breached the $3 trillion mark for the first time since the beginning of March. Bitcoin (BTC) rose to an over two-month high of $97,300 last seen at the end of February, before the “Liberation Day” tariffs announcement in the US, bolstering analyst predictions for a rally driven by “structural” institutional and exchange-traded fund (ETF) inflows into the world’s first cryptocurrency. Risk appetite continued rising among crypto investors, as Chinese state-linked news outlets indicated that the Trump administration has quietly contacted Beijing to discuss tariff reductions. Total crypto market cap, 1-year chart source: https://cointelegraph.com/news/bitcoin-etfs-gov-t-adoption-btc-1-m-by-2029-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound