Bitcoin (BTC) Surges to Two-Month High Amid Sluggish US Demand

Bitcoin (BTC) has reached its highest price point in two months, signaling a potential shift in market momentum. The leading cryptocurrency experienced a notable rally, breaking through key resistance levels. However, analysts point to a significant divergence in regional demand. While global buying interest appears strong, particularly from markets in Asia and Europe, demand from United States-based investors and institutions is noticeably lagging. This discrepancy highlights the fragmented nature of the current crypto recovery. Market observers suggest that for the bullish trend to be sustained, increased participation from the U.S. market, a traditional powerhouse of crypto investment, will be crucial. The price action is being closely watched for signs of either broader adoption or a potential pullback.