Bitcoin Price Forecast: BTC eyes $100,000 amid Arizona Reserve plans, corporate demand, ETF inflows
Bitcoin (BTC) price is stabilizing around $95,000 at the time of writing on Tuesday, and a breakout suggests a rally toward $100,000. The institutional and corporate demand supports a bullish thesis, as US spot Exchange Traded Funds (ETFs) recorded an inflow of $591.29 million on Monday, continuing the trend since April 17. Moreover, MicroStrategy (MSTR) announced that it had acquired 15,355 BTC for $1.42 billion, and the US state of Arizona passed a bill that allows the state treasurer and retirement system to invest up to 10% of available funds in digital assets, specifically BTC.
Meme coins to watch as Bitcoin price steadies
Bitcoin (BTC) is consolidating at $95,045 at the time of writing on Tuesday, following three consecutive weeks of gains, and maintaining a steady uptrend despite a rejection at $95,758 on Friday. With BTC showing signs of a potential surge beyond $100,000, investors might explore meme coins like Trump Official (TRUMP) and dogwifhat (WIF), which could offer higher profit margins.
Cardano Lace Wallet integrates Bitcoin, boosting cross-chain capabilities
Cardano (ADA) co-founder Charles Hoskinson announced Monday that Bitcoin (BTC) is integrated into the Lace Wallet, expanding Cardano’s ecosystem and cross-chain capabilities. This integration enables users to manage BTC alongside Cardano assets, providing support for multichain functionality. The news failed to move Cardano’s price significantly, with ADA trading in a narrow range near $0.70 at the time of writing on Tuesday, but it suggests a positive outlook for the token.
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