Bitcoin Smashes $97K as Trading Strategy Hits 2025 Peak—Just in Time for Earnings Season
Crypto bulls are back in the driver’s seat as Bitcoin punches through $97,000—its highest level since the 2024 halving frenzy. The rally coincides with a surge in algorithmic trading activity, with one flagship strategy reportedly hitting its most profitable streak since January 2025.
Wall Street whispers suggest hedge funds are scrambling to reposition ahead of Q2 earnings, though skeptics note the timing is suspiciously convenient for firms angling to raise fresh capital. ’Nothing like a little volatility to justify those management fees,’ quipped one trader.
With volatility indicators flashing orange and open interest swelling, the real question isn’t whether Bitcoin will test $100K—but how many leveraged longs get liquidated on the way up.
