According to online reports, Hina Joshi, head of digital assets at TP ICAP, said that there may be room for further upside in Bitcoin's recent rise. She pointed out that financial institutions generally expect the Federal Reserve to resume interest rate cuts later this year, which will benefit risky assets including Bitcoin. According to LSEG data, the market has currently included expectations of nearly two interest rate cuts during the year. The growth of crypto reserves, the growing number of bitcoin-based corporate strategies, and the gradual adoption of sovereign states may further drive Bitcoin's rise.