Why Is the Market Up Today? ETF Flows Lift Bitcoin While Digitap ($TAP) Rallies on Real-World Visa Card Adoption
The post Why Is the Market Up Today? ETF Flows Lift Bitcoin While Digitap ($TAP) Rallies on Real-World Visa Card Adoption appeared on BitcoinEthereumNews.com.
Bitcoin has roared back above key levels, surging past $93,000 after briefly dipping below $84,000 earlier this month. The rebound marks a fresh two-week high and injects new optimism into the market as traders watch for the first real signs of a broader recovery after weeks of heavy selling. Crypto analyst Michael van de Poppe believes this momentum is necessary and, if it holds, could break out towards $100,000. This rebound comes at a time when ETFs are experiencing fresh inflows. Meanwhile, the first omnibank project, Digitap ($TAP), continues to gain traction. The project has surpassed $2 million in just weeks, thanks to its live omnibank app that integrates real-world Visa card adoption. This momentum has shifted market attention, especially toward crypto presale projects with real utility. Bitcoin’s Recovery To Push Price Towards $100K Bitcoin is in a recovery phase after rising above $93,000. The recovery comes after a sharp downtrend that saw its price drop below $85,000 over the weekend. This made BTC bulls re-enter the market, which in turn pushed its price above $93,000. Michael van de Poppe believes that BTC jumping above $93K is vital. He suggests that if BTC can hold gains above this critical level, it could push toward $100,000. Other experts are echoing Michael van de Poppe’s sentiments. According to Tom Lee, Bitcoin could successfully climb above $100,000 in the coming month. This jump will be driven by favorable macroeconomic factors and fresh ETF inflows. Traders are now looking for signs of whether the rest of the market is also regaining momentum after a sustained selloff. Many are still not confident about the recent rally, given that they experienced losses from false upticks in the past month. However, the recent surge to $93,000 is making them hopeful. Fresh ETF Inflows Lifted Bitcoin Price Recent…
