Bitcoin saw a 5.9% increase between June 2 and 5, peaking at $71,746, supported by almost $1 billion in inflows into U.S.-based spot Bitcoin exchange-traded funds (ETFs). This indicates strong demand from institutional investors. Despite favorable conditions like a more crypto-friendly stance from U.S. lawmakers, Bitcoin couldn’t break the $72,000 barrier. Bitcoin’s bullish momentum was partly due to the significant unrealized losses in the U.S. banking sector. However, regulatory uncertainty persists. According to Matt Hougan, Bitwise’s chief investment officer, this uncertainty has kept financial advisers from increasing their crypto exposure. Hougan believes the U.S. is moving toward regulatory clarity, starting