Bitcoin (BTC) price trades above $85,000 at press time on Tuesday, maintaining a constructive tone amid positive institutional inflows, Strategy’s first BTC purchase since August, and alternative regulatory expansions following the CLARITY Act’s failure. AI tokens such as Bittensor (TAO) and Artificial Superintelligence Alliance (FET) have emerged as top performers over the last 24 hours.
The crypto market builds risk appetite
The broader cryptocurrency market saw a significant recovery over the last 24 hours, driven by Bitcoin’s 6% jump. This recovery is underpinned by the positive institutional inflow of $433.03 million on Friday, which is likely to surpass $600 million on Monday if BlackRock’s IBIT fund posts an influx.
