Bitcoin (BTC) is trading around $95,284, showing a 1.51% increase over the past 24 hours. The cryptocurrency is facing resistance near the $95,000 level but benefits from sustained $ETF inflows, indicating strong institutional interest. Analysts anticipate a potential breakout toward the $100,000 psychological barrier if the momentum continues.
Meanwhile, Ethereum (ETH) has stabilized above $1,800, trading at $1,827.16 with a 3.57% gain. Despite this, resistance around $1,950 remains a critical level to watch for further upward movement. XRP and Binance Coin (BNB) also show modest gains, with XRP supported by recent approval of $XRP futures ETFs and BNB consolidating near $602.75.
Bitcoin Nears $106K as Institutional Demand Sparks Bullish Momentum
Bitcoin surged to $106,520 this week amid record-breaking capital inflows from institutional investors, reigniting speculation about imminent all-time highs. The cryptocurrency has gained 18% since May 1, 2025, with daily trading volumes exceeding $42 billion across...