$97K Bitcoin Rally Faces Doubts from Cautious Investors

The cryptocurrency market is once again heating up, with a bitcoin surpassing $97,000 after a brief correction below $95,000. This new rally, far from being trivial, occurs as institutional and individual data indicate a weakening of demand. While this asset seems to evolve independently of the fundamentals associated with cryptos, it is actually caught up in an uncertain macroeconomic context. As trade tensions between the United States and China fuel market nervousness, bitcoin continues to attract attention. Investment flows, sentiment indicators, and the structure of derivatives products testify to increasing caution.