CryptMarket Analysis — 6-10-18
Bitcoin has surged to a record high above $125,000 amid intense institutional demand, ETF inflows, and heightened investor interest in alternative assets as macroeconomic uncertainty persists. The move is propelled by a combination of spot ETF net inflows (over $3.2B for the week) and MegaWhales moving holdings to long-term storage, highlighting robust bullish sentiment amid a shifting regulatory and political landscape. Meanwhile, Standard Chartered forecasts an accelerated run toward $135K and possibly $200K by year-end, citing a rotation from gold to bitcoin following ETF launches and renewed momentum. Short-term sentiment is strongly positive as traders eye further upside and accumulation trends intensify, but elevated volatility and macro risks (Fed decision, US shutdown) remain in focus.