Bitcoin's recent rebound has prompted investors to reassess the dynamics of the crypto market, as policy momentum in Washington and rising geopolitical tensions shift. The world's largest crypto traded at around $72,800 on Wednesday, up 6.8% over the past 24 hours. Despite this, Bitcoin remains 42% below its October all-time high of $126,000. Market participants believe this shift reflects a combination of structural catalysts rather than a simple relief rally. Nearly $700 million in spot U.S. Bitcoin ETF inflows have been seen as a significant reversal after four months of steady outflows. Meanwhile, regulators continue integrating crypto infrastructure into the financial system. Analysts believe this convergence of policy progress, infrastructure integration, and institutional adoption could signal a turning point for the industry.