CryptMarket Analysis — 6-10-15
Bitcoin has surged to an all-time high above $125,000, buoyed by record spot ETF inflows totaling $3.2B and intensified institutional demand. This rally is amplified by ongoing U.S. budget paralysis, driving investors to seek alternative digital assets as a safe haven against macroeconomic uncertainty. Additionally, market analysts warn that the momentum could quickly escalate, with Standard Chartered projecting possible rapid advances to $135K and beyond on the back of ETF flows shifting from gold to bitcoin. The overall sentiment remains strongly bullish, though traders should monitor for potential short squeezes as derivatives positioning grows increasingly concentrated.