Bitcoin Nears $100,000 as ETF Inflows Hit Record Highs

Bitcoin ETF Inflows Drive Market Surge

Bitcoin is closing in on the $100,000 mark, fueled by record-breaking ETF inflows and renewed institutional interest. According to market reports, Bitcoin exchange-traded funds attracted $2.7 billion over the past week, pushing Bitcoin prices up by more than 11% to stabilize near $95,000.

Analysts suggest that continued inflows, combined with broader market optimism, could drive Bitcoin beyond the psychological $100,000 threshold. Major players like MicroStrategy continue to expand their Bitcoin holdings, signaling growing corporate and institutional conviction.

The appointment of Paul Atkins as the new SEC Chair is also seen as a positive development, promising greater regulatory clarity and boosting market confidence across the cryptocurrency sector.

SUI and TRUMP Tokens Ride the Bullish Wave

Beyond Bitcoin, alternative cryptocurrencies like SUI and TRUMP tokens have recorded remarkable gains. SUI surged by 70% and TRUMP climbed by 79% over the past seven days, reflecting strong bullish sentiment across the market.

However, technical indicators such as the Relative Strength Index (RSI) suggest these tokens may be entering overbought territory, prompting traders to exercise caution in the near term.

David Duong, Head of Institutional Research at Coinbase, noted a significant shift: Bitcoin appears to be decoupling from traditional macroeconomic assets.

“It’s uncommon to observe market turning points in real time,” Duong said. “This week’s separation of Bitcoin’s performance from traditional macro assets might be as close as we get to such a moment.”

An increase in open interest in Bitcoin futures markets also points to heightened speculation and hedging, suggesting that volatility may soon escalate.

Bitcoin Rally Mirrors Post-2020 Election Trends

The current Bitcoin rally bears similarities to the post-2020 U.S. election cycle, when Bitcoin began to outperform traditional assets. Analysts believe this historical parallel could indicate further long-term growth, particularly in altcoin markets.

Crypto market watchers, including Kanalcoin, highlight that institutional support for Bitcoin today resembles the strategic moves made by large corporations in earlier cycles—events that previously triggered wider cryptocurrency rallies.

As Bitcoin edges closer to historic highs, market sentiment remains cautiously optimistic, with eyes on potential new milestones in the coming weeks.