BTC Hits a New All-Time High of $103K, Traders Predict Further Buying Momentum.
Bitcoin Breaks $100K: Institutional Interest and Regulatory Optimism Fuel Rally
Bitcoin hit a historic milestone on Thursday, breaching the $100,000 mark nearly 15 years after its inception. The rally was bolstered by a combination of institutional demand, favorable regulatory developments, and strong ETF inflows, with BlackRock’s IBIT surpassing $50 billion in net assets for the first time.
The cryptocurrency climbed as high as $103,670 before pulling back to $102,500 in Asian trading hours as early profit-taking set in. Despite this dip, Bitcoin’s market capitalization soared past $2 trillion for the first time. Over the past month, Bitcoin has gained an impressive 50%, fueled by growing optimism around Donald Trump’s pro-crypto policies and increasing participation from traditional finance players.
U.S. spot Bitcoin ETFs reported $533 million in net inflows on Wednesday, highlighting the robust appetite for the asset class among institutional investors. While some market watchers caution that the rapid surge could lead to a pullback, others see the potential for further gains, supported by a seasonally bullish period and intensifying media coverage.
Expert Insights on Bitcoin’s Historic Surge
- Min Jung, Presto Research Analyst:
“Breaking $100K is a watershed moment for Bitcoin. Powell’s remarks on Bitcoin as ‘digital gold’ and Paul Atkins’ appointment to the SEC signal a seismic shift in institutional confidence. This, combined with the asset’s relatively small market cap compared to traditional investments, could attract significant capital inflows, driving further growth.” - Jeff Mei, COO at BTSE:
“Bitcoin at $100K is more than a milestone; it’s a testament to the industry’s maturation. With regulatory clarity improving and institutional support increasing, Bitcoin is shedding its speculative image and positioning itself as a credible macro asset. This transformation could usher in a new wave of adoption and investment.” - Nick Ruck, Director at LVRG Research:
“The $100K mark is a psychological level, but the data shows Bitcoin has room to run. On-chain metrics point to sustained demand, and the invalidation of bearish narratives, such as regulatory crackdowns, further supports upward momentum. While some long-term holders may sell, mainstream interest and FOMO are just beginning to heat up.”
What’s Next for Bitcoin?
While some analysts warn of potential corrections to $90,000, others remain bullish, citing continued ETF inflows, seasonal trends, and growing public awareness. As Bitcoin enters uncharted territory, all eyes are on whether the asset can maintain its upward trajectory or face a temporary consolidation.
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