Bitcoin Price Surge

Bitcoin reached a new all-time high of over $110,000 per coin fueled by optimism surrounding a stablecoin bill in the U.S. Senate and demand from institutional investors. The rally is supported by various companies financing Bitcoin purchases through different means.

Bitcoin Futures and US Fiscal Uncertainty

Bitcoin futures open interest hits a record high of $72 billion, driven by institutional investors and US fiscal uncertainty. Bearish positions at risk of liquidation could boost BTC's breakout odds.

Investor Sentiment and Contrarian Indicators in the Stock Market

Investor pessimism is currently high, which historically indicates a good time to buy stocks. Market performance following previous high bearishness has been positive. Institutional investors are concerned about overvaluation in the U.S. stock market and a potential global trade war, but optimistic about gold. The article emphasizes the importance of buying from pessimists and selling to optimists in investment decisions.

Trading Activity of Trump Media & Technology Group

Shares of Trump Media & Technology Group have been trading heavily since former President Donald Trump's new media company took over the ticker DJT on March 26. The company operates the social-media network Truth Social. Ownership of DJT stock is not fully transparent due to limited public disclosure regulations.