<p>Analysts at Saxo Bank stated in a report that as macroeconomic concerns eased and continued inflows into ETFs boosted cryptocurrency sentiment, Bitcoin rose to a three-week high. They noted that the trade agreement between the United States and Vietnam improved market optimism, with tariffs lower than previously feared levels. The weak ADP private employment report released on Wednesday increased bets on a Federal Reserve rate cut, further supporting risk appetite. With the rise of BlackRock's Bitcoin ETF and the new iShares Ethereum ETF, institutional demand for cryptocurrencies remains strong</p>

<p>With the easing of macroeconomic concerns and increased ETF fund inflows, the price of Bitcoin has risen to a three-week high. Analysts at Saxo Bank pointed out that the trade agreement between the United States and Vietnam has boosted market optimism, and the lower-than-expected tariff levels have also contributed to this. The weak ADP employment report has strengthened market expectations for a Federal Reserve interest rate cut, further supporting risk appetite. At the same time, the performance of BlackRock's Bitcoin ETF and the new iShares Ethereum ETF demonstrates strong institutional demand for cryptocurrencies</p>

ETF fund flows rise, Bitcoin reaches a three-week high