Bitcoin Climbs Near Highs as Fed, Inflation, and Political Moves Shape Sentiment

Bitcoin and the crypto market are rallying sharply, with the total crypto market cap surpassing 4.1 trillion USD and major coins experiencing strong inflows. Macroeconomic headlines highlight ongoing central bank policy risks, as JPMorgan warns the Federal Reserve could adopt 'dangerous logic' with rate cuts that would risk higher inflation, while political actions such as Trump's extension of China tariffs keep trade risks on the agenda. Market participants are focused on upcoming CPI data and large institutional flows, adding to volatility near market highs.