Analysis: Bitcoin enters a re-accumulation phase influenced by expectations of Federal Reserve easing

ChainCatcher news, according to CoinDesk, after experiencing continuous selling pressure that led to a sluggish price, Bitcoin's price has rebounded with the improvement of global risk sentiment, showing signs that the Federal Reserve may ease monetary policy later this year.

Corporate entities continue to accumulate Bitcoin, with data from Bitcoin Treasuries showing that holdings have increased by 8.4% over the past 30 days, reaching 4.04 million BTC. Analyst Linh Tran stated that Bitcoin is in a re-accumulation phase after a short-term pullback, market sentiment is stabilizing, institutional demand remains resilient, but caution is still warranted.