<ul data-eligibleForWebStory="true"><li>Bitcoin has been trading within a tight range, currently around $106,753, with the market turning bullish due to inflationary fears and traditional investors moving towards risk-on assets like cryptocurrencies.</li><li>Institutional interest in Bitcoin remains strong with MicroStrategy acquiring more BTC, while retail investors are exploring alternative tokens with higher growth potential.</li><li>Bitcoin's performance is analyzed in relation to the US dollar, S&P 500 rebalancing effects, potential inflation hedge, and the growing interest in altcoins as BTC approaches $110,000.</li><li>The article suggests a shift in investor sentiment towards higher-risk altcoins like FloppyPepe, offering unique features and potentially higher returns compared to Bitcoin.</li></ul>

Bitcoin Eyes $110K as Macro Trends Ignite Altcoin Momentum

Discover more