Reaches New All-Time High Above $111,000
The post Reaches New All-Time High Above $111,000 appeared on BitcoinEthereumNews.com.
TLDR Bitcoin reached a new all-time high above $111,000 with minimal market overheating signs compared to previous rallies Funding rates and short-term capital inflows remain lower than during past bull cycle peaks, suggesting more sustainable momentum Old Bitcoin whales have avoided major profit-taking despite successive new highs, indicating expectations for further price appreciation US spot Bitcoin ETFs now hold approximately $129 billion in assets, representing about 6% of Bitcoin’s total market cap Large Bitcoin inflows to Binance exchange suggest potential selling pressure, though long-term holder behavior remains stable Bitcoin has achieved a fresh all-time high, trading above $111,000 yesterday in what analysts describe as a notably calm market environment. The cryptocurrency reached $111,800 at its peak, surpassing its previous record of $109,600 set in mid-January. Market indicators suggest this rally differs from previous bull runs. Funding rates, which measure speculative activity, have remained subdued despite the new price milestone. Long positions have increased but stay well below levels seen during past market peaks. Short-term capital inflows into Bitcoin have also been more measured. Analysis of Bitcoin traded within one week to one month timeframes shows lower speculative activity compared to earlier rallies. Bitcoin Price on CoinGecko Profit-taking activity has occurred but at reduced levels. The scale of recent profit realization remains far below what occurred in March and November 2024, both periods that preceded sharp market corrections and billions in trader liquidations. Institutional Demand Continues Growing Bitcoin whales have largely refrained from selling despite successive price highs. This behavior suggests major holders expect further price appreciation ahead. Institutional demand through US spot Bitcoin ETFs continues expanding. These funds now hold approximately $129 billion in total net assets, representing about 6% of Bitcoin’s entire market capitalization. The Estimated Leverage Ratio has climbed to 0.2, matching levels reached in December 2024. Open…
Filed under: News - @ May 23, 2025 8:28 am