Bitcoin Soars as Institutional Interest Peaks
The post Bitcoin Soars as Institutional Interest Peaks appeared on BitcoinEthereumNews.com.
Following a steady climb, Bitcoin (BTC) has maintained its position well above the $100,000 mark during the past week. This surge is largely attributed to significant inflows from institutional funds. A noteworthy escalation in interest toward spot Bitcoin ETFs marked the week of April 25, with a daily influx averaging $389 million. On just April 22, a record-breaking $933 million was recorded. Encouraged by a “buy the dip” mindset since Bitcoin sank to $75,000 in April, the cryptocurrency has gradually appreciated to $106,000. Insights from Glassnode highlight that short-term investors have benefited from this rise, and they suggest a possible correction could stabilize within the $93,000 to $95,000 range. Why Are Institutional Funds Essential for Bitcoin’s Surge?Are Short-term Investors Changing the Game? Why Are Institutional Funds Essential for Bitcoin’s Surge? The substantial funds channeled into spot Bitcoin ETFs have emerged as the key factor driving the current market enthusiasm. Institutional investors remained engaged, a fact mirrored by the accelerated transfers to Wall Street wallets during late April. Despite a downturn in these fund flows to an estimated $58 million, asset managers employ a “core asset” perspective, which contributes to maintaining Bitcoin’s value above the $100,000 threshold. On leading exchanges, this trend is apparent. Spot Cumulative Volume Delta figures suggest a consistent buying pressure, topping $54 million daily on platforms like Coinbase, contrasted with a sharp drop in sell orders on Binance, falling from $71 million to $9 million. Such demand-supply disparities have led to rapid stock depletion in limited price brackets, consequently triggering sharp upward price adjustments, nurtured by both institutional capital and individual traders who support the principle that every decline presents a new opportunity. Are Short-term Investors Changing the Game? Insights reveal that short-term speculative investors, who have acquired Bitcoin within the past 155 days, have amped up…
Filed under: News - @ May 16, 2025 7:29 pm