ZyCrypto 2025-05-01 17:19:04

Bitcoin’s Institutional Adoption Surges While Price Stalls Below $100,000

Bitcoin closed April on a bullish note in many aspects, but the leading cryptocurrency has yet to embark on a highly anticipated long-term price rally that could send the asset to previously unseen levels. However, a closer look at key market trends reveals that demand for the asset still favors many bullish possibilities. In April, MicroStrategy added 15,000 more BTC to its holdings, Bitcoin hit its third-highest week ever in terms of SEC Filings, and the asset crossed over the $90,000 price level, but the long-term rally is yet to kick off. To understand the current state of the market, it is worth noting that while Bitcoin is exiting exchanges and going into cold storage, a large portion is making its way into institutional custody through ETFs, trading infrastructure, and fund administrators, marking an upstream movement in the market. As Bitcoin retests its previous support and continues on an upward trajectory, short-term traders and long-term holders looking to take a profit enter the market, resulting in continuous selling. As a result, significant market buys like MicroStrategy’s $1.4B Bitcoin accumulation are unlikely to trigger major price rallies, as their key purchasing strategies are working hand in hand with an ever-changing market. Digital asset infrastructure producer Swan, convinced that the Bitcoin market is about to take a non-linear path, courtesy of institutional holders, wrote the following: “Miners produce ~13,500 BTC per month. But MicroStrategy—using cheap debt and relentless capital—has outpaced that production for months. They’re not just stacking. They’re compressing Bitcoin’s supply curve from the outside. This is a kind of synthetic halving. Not every four years—But every time institutional capital hits “buy.” At report time, Bitcoin is up 1.80% from the previous day and is now trading at $97,189. With the new month kicking off with leading assets adding weekly gains, the global crypto market cap, valued at $3 trillion, has increased by 1.29% over the last day.

Enim loetud uudised

Weird Coincidence? Ripple’s Partner Just Part...
2025-05-02
Ripple gets aggressive with $20 billion bid t...
2025-05-02
Solana Price Prediction 2025, 2026 – 2030: SO...
2025-05-02
Tether eyes US stablecoin launch later this y...
2025-05-02
What’s Happening in Crypto Today? Daily Crypt...
2025-05-02
UK’s FCA Moves Closer to Crypto Regulation –...
2025-05-02
Why BTC May Be The Only Institutional Asset
2025-05-02
Is Panama the Next Hotspot for Crypto Adoptio...
2025-05-02

https://www.digistore24.com/redir/325658/ceobig/

Seotud uudised

300 Million XRP Vanish in 48 Hours. Here’s What Ha...
02 May 2025
Potential Trade Negotiations in May: Could Bitcoin...
02 May 2025
Cardano (ADA) Faces a Tough Test – Will It Break D...
02 May 2025
Binance Coin Price Prediction 2025, 2026 – 2030: W...
02 May 2025
Crucial Forex Market Test: US Dollar Slips Ahead o...
02 May 2025
Bitcoin unsure as recession looms, US-China tariff...
02 May 2025

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine