• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Bitcoin Surpasses $112,000 Amidst Institutional Inflows

Bitcoin Surpasses $112,000 Amidst Institutional Inflows

user avatar

by Giorgi Kostiuk

6 hours ago


Bitcoin has reached a new all-time high, surpassing $112,000. This increase is attributed to active institutional inflows and liquidations of short positions on cryptocurrency exchanges.

Impact of Institutional Purchases

The rise of Bitcoin was driven by significant purchases from institutional investors. These transactions are seen as confirmations of the growing interest in cryptocurrency as a strategic asset class.

Market Liquidations

Within hours of the surge, there was a substantial number of liquidations of short positions totaling nearly $340 million. High leverage levels on exchanges contributed to forced buying among traders.

Future of the Cryptocurrency Market

The increase in institutional inflows into the crypto market forecasts sustainable growth and potential changes in regulatory frameworks. Data indicates the opportunity for further market expansion and asset diversification in response to rising institutional demand.

The momentum in Bitcoin's growth marks significant shifts in the investment strategies of major corporations, potentially influencing regulatory approaches and innovations within the cryptocurrency sector.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Snoop Dogg Launches NFT Collection on Telegram, Raking in $12 Million

chest

Snoop Dogg's NFT collection on Telegram sold out within 30 minutes, generating $12 million in sales.

user avatarGiorgi Kostiuk

XRP: Seven-Week High, Large Holders Accumulate Assets

chest

XRP hits its price for the first time since May 23. An increase in the number of wallets with over $1M XRP supports market confidence.

user avatarGiorgi Kostiuk

FTX Creditors from China Oppose Payment Restrictions

chest

FTX creditors in China have filed an objection to restrict payouts. Legal aspects and positions of the parties are discussed.

user avatarGiorgi Kostiuk

Key Aspects of Australia's CBDC Pilot Project: Participants and Goals

chest

Australia's central bank has initiated a CBDC pilot project in collaboration with major banks, focusing on asset tokenization.

user avatarGiorgi Kostiuk

GMX Suffers $42 Million Hack, GLP Liquidity Pool at Risk

chest

A $42 million hack on GMX has raised concerns. This article covers the incident's details and implications.

user avatarGiorgi Kostiuk

Analysis of Cardano (ADA) Prices: Current Insights and Forecasts

chest

Exploring the current price trends of Cardano and projecting possible levels for the future.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.