Bitcoin Hits New High: Bulls Shift to Higher-Beta Strategies as Consolidation Approaches

Recent price action for Bitcoin has surged past $90,000, hitting a new all-time high around $95,000. This surge suggests a potential consolidation period where traders are shifting their capital from spot Bitcoin into more volatile narratives. Analysts suggest this shift is driven by rising demand for infrastructure that enhances Bitcoin’s security while enabling low-fee, high-throughput payments, DeFi applications and programmable use cases.