Bitcoin Surpasses $96,000 as Institutional Inflows Surge
Bitcoin continues to rally, surpassing $96,000 – its highest level since late November 2024 – amid surging institutional demand and signs of an improving macroeconomic outlook.
Bitcoin (BTC) has gained nearly 20% in April alone, climbing from a low of $79,000 to above $96,000 earlier this week. The growth momentum was mainly driven by over $381 million in ETF inflows, along with widespread positive sentiment after US President Donald Trump signaled an easing of trade tensions with China – a factor that had weighed on global financial markets.
According to data from Crypto.news, Bitcoin’s recovery has been accompanied by institutional funds continuously expanding their BTC holdings. Notably, Strategy – one of the largest Bitcoin investors – has continued to increase its position in recent months, showing that confidence in this digital asset remains strong.
Notably, Twenty One Capital – a new name in the digital finance sector – has also just announced plans to buy back billions of dollars worth of BTC, in order to strengthen its competitive position with Strategy. This move further confirms the trend of large financial institutions racing to own Bitcoin as a long-term strategic asset.
However, analysts still warn of some short-term barriers. The $94,000 - $95,000 area is considered a strong resistance zone, with selling pressure from the spot market increasing significantly in recent weeks. At the same time, BTC is still about 16% lower than its historical peak of $109,000 reached in January, showing that there are many factors to monitor in the recovery journey.
In addition, high price volatility and the correlation between the cryptocurrency market and traditional stock markets continue to pose challenges for long-term investors. As global economic uncertainty persists, the question remains whether Bitcoin can sustain its current momentum or face a new correction.
However, with increasingly strong institutional money flows and positive macro support factors, many experts believe that Bitcoin is entering a new consolidation phase – where large investors are betting on BTC’s role as “digital gold” in the modern financial system.
