Bitcoin rose on Thursday as risk appetite improved following the legal challenges faced by Trumpโs tariffs in US courts.
While some uncertainty remains, a reduced impact on growth expectations could help cryptocurrencies see gains.
Other risky assets recorded gains as sentiment turned more positive. At the same time, institutional interest remained strong.
In this regard, Bitcoin ETFs continued to see strong inflows. Large buyers like Strategy also pursue an aggressive buying approach despite the high prices, reflecting expectations for more gains.
Meanwhile, the market found some support as Vice President JD Vance addressed the Bitcoin 2025 Conference, pledging the Trump administrationโs support for the sector and advocating for the GENIUS Act, which would establish a federal framework for stablecoins. These remarks are part of a broader effort to align U.S. digital asset policy with innovation and financial inclusion.
However, investors could continue to monitor developments on the trade front and new economic data releases. Markets could focus on factors affecting monetary policy expectations. Stronger expectations for monetary policy easing could further drive the market to the upside.
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