Bitcoin holds near $110K on institutional demand and inflation hedge appeal

Bitcoin is trading around $110,000, supported by growing institutional adoption and its narrative as an inflation hedge amid global economic uncertainty. Despite recession fears and high correlation with the S&P 500, investor confidence remains strong due to steady ETF inflows and corporate interest. Traders estimate a 41% chance the Fed will hold rates through September, which may support liquidity. Trump Media’s recent move to acquire Bitcoin following $2.5 billion in funding adds to its strategic asset appeal. While macro risks persist, Bitcoin’s positioning as a hedge against financial instability may offer continued upside, Cointelegraph reported.

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