Bitcoin Roars Back Above $100K Despite Macro Jitters

After a turbulent weekend sell-off, Bitcoin has rebounded above the key $100,000 mark, bouncing 6% from a four-day slump that saw prices dip as low as $89,000. Institutional buyers pounced on the discounted levels, injecting a swift $1 billion in leveraged capital that helped stabilise the market and spark a rapid recovery.

The downturn was initially triggered by trade war flare-ups and mounting inflation worries, prompting U.S. investors to rotate out of risk assets. However, once Monday’s session opened, those same concerns drew fresh opportunistic buying. As of press time, Bitcoin is hovering around $101,000, buoyed by a wave of institutional confidence.

Further upside could be on the horizon, according to the CEO of Unity Wallet, who believes this latest correction might propel Bitcoin to new all-time highs. Despite the recent volatility, the swift return above $100K suggests that bullish momentum remains firmly in play.

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