Odaily reported that Bitfinex released a report stating that Bitcoin saw a remarkable rebound last week. After briefly dipping to a low of $89,698, it rebounded back above $100,000, reaching a high of $105,800. This 18.2% rebound from peak to trough highlights Bitcoin's relative strength compared to stocks. The recovery was mainly driven by positive spot buying, as evidenced by the significant increase in spot trading volume. This indicates strong buying pressure, particularly from US exchanges. The buying pattern is similar to the previous activities related to MicroStrategy and ETF purchases, further confirming the view of continued strong institutional demand. However, the spot buying pressure seen last week may require time to replenish, potentially leading to a brief pullback before regaining further upward momentum. Bitcoin's resilience and sustained demand suggest it will continue to strengthen in the medium term. In last week's crypto news, launched a meme coin $TRUMP on the Solana blockchain, quickly reaching a market cap of $15 billion before seeing some significant profit-taking. While $TRUMP was promoted as a symbol supporting 's ideals rather than an investment, concerns remain about its centralization and transparency, which could impact regulatory scrutiny and political finance. Meanwhile, institutions continue to seek ways to provide crypto-related assets to traditional financial investors, submitting applications for spot Litecoin ETFs. These applications reflect a broader push for mainstream crypto adoption following the successful launches of Bitcoin and Ethereum spot ETFs. Blockchain economy ETFs aim to provide exposure to companies shaping the blockchain economy, offering investors a diversified entry point as interest in the industry grows.