Bitcoin: ”The bull market is back”...Increasing demand leads to optimism and capital inflows

Optimism continues that Bitcoin could enter a bull market after recovering above $95,000 for the first time in two months.
As of 9:20 a.m. on the 29th, the Bitcoin price on CoinMarketCap was 90,350, down 1.46% from the same time the previous day.
Bitcoin, whose price rose last weekend, temporarily hit $95,404 on the 26th. This is the first time Bitcoin has surpassed $95,000.
This is the first time in two months since February 2019. Since then, it has partially recovered its gains and is trading in the $93,000-$94,000 range. Arthur Hayes, founder of BitMEX, said through X on the same day that
"The bull market is back," he said, adding, "Bitcoin has already bottomed out at $74,500 and will benefit from monetary policy and the falling value of the dollar."
Cryptocurrency analysis company Sentiment said, "Bitcoin has surpassed $95,000 for the first time since February, and optimism is spreading rapidly."
Looking at investment sentiment measured on social networking services (SNS), the number of posts in which buying sentiment dominated selling sentiment increased by the largest margin since Donald Trump was elected U.S. President in November last year.
"It was a case of..."