Bitcoin Stages a Powerful Rebound Fueled by Institutional Shifts

After a tense period focused on the $84,000 support level, Bitcoin’s trajectory reversed dramatically. The digital asset has registered its most significant single-day advance since May 2025, delivering a sharp setback to traders betting on continued decline. This sudden shift in sentiment raises a critical question: is the recent corrective phase now conclusively over?

The catalyst for this powerful rally originated from an unexpected quarter: traditional finance. In a notable strategic pivot, Bank of America (BofA) has begun formally advising its wealth management clients to allocate between one and four percent of their portfolios to digital assets. This move away from prior caution is viewed as a substantial endorsement of Read more...