{"id":24183,"date":"2025-05-22T09:59:50","date_gmt":"2025-05-22T06:59:50","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-tests-111000-amid-institutional-resurgence\/"},"modified":"2025-05-22T09:59:50","modified_gmt":"2025-05-22T06:59:50","slug":"bitcoin-tests-111000-amid-institutional-resurgence","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-tests-111000-amid-institutional-resurgence\/","title":{"rendered":"Bitcoin Tests $111,000 Amid Institutional Resurgence"},"content":{"rendered":"<p>The leading cryptocurrency has once again reached a new <span data-descr=\"all-time high price\" class=\"old_tooltip\">ATH<\/span> amid heightened activity from institutional and other large investors.<\/p>\n<p><!--more--><\/p>\n<p>The price of digital gold peaked at $111,880 in the BTC\/USDT pair on the Binance exchange. At the time of writing, the asset is trading around $110,650.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"574\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-05-22_09-32-34_7ed48-1024x574.png\" alt=\"BTCUSDT_2025-05-22_09-32-34_7ed48\" class=\"wp-image-259160\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-05-22_09-32-34_7ed48-1024x574.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-05-22_09-32-34_7ed48-300x168.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-05-22_09-32-34_7ed48-768x430.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-05-22_09-32-34_7ed48-1536x861.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-05-22_09-32-34_7ed48.png 1815w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">30-minute BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.\u00a0<br \/><\/figcaption><\/figure>\n<p>Bitcoin emerged as one of the leaders in daily growth among the top 10 most capitalized coins.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"712\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/CoinGecko-39-1024x712.png\" alt=\"CoinGecko-39\" class=\"wp-image-259161\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/CoinGecko-39-1024x712.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/CoinGecko-39-300x208.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/CoinGecko-39-768x534.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/CoinGecko-39.png 1275w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Institutions and Whales<\/h2>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><cite>\u201cBitcoin&#8217;s surge above $110,000 is primarily driven by asset accumulation by companies like Strategy, Metaplanet, and Twenty One Capital. [\u2026] Unlike previous bull rallies, this time the driving force is institutional and long-term capital, not retail investor speculation,\u201d <a href=\"https:\/\/www.theblock.co\/post\/355320\/bitcoin-jumps-above-110000-institutional-focus-deepens\" title=\"noted\">noted<\/a> Presto Research analyst Min Jong.<\/cite><\/p><\/blockquote>\n<p>Founded by Michael Saylor, Strategy remains the undisputed leader among public companies with digital gold on their balance sheets.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"461\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Public-2-1024x461.png\" alt=\"Public-2\" class=\"wp-image-259175\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Public-2-1024x461.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Public-2-300x135.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Public-2-768x346.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Public-2.png 1399w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Largest Bitcoin-holding companies. Data: <a href=\"https:\/\/treasuries.bitbo.io\/\">Bitcoin Treasuries<\/a>.<\/figcaption><\/figure>\n<p>Recently, the firm acquired <a href=\"https:\/\/x.com\/saylor\/status\/1924435660309467477\">7,390 BTC<\/a>, increasing its reserves in the leading cryptocurrency to 576,230 BTC.\u00a0<\/p>\n<p>Vivek Ramaswamy&#8217;s Strive Asset Management Strive Enterprises <a href=\"https:\/\/u1f987.com\/en\/news\/strive-asset-management-eyes-acquisition-of-75000-btc-claims-from-mt-gox\">intends<\/a> to purchase at a discount claims to 75,000 BTC from the <a href=\"https:\/\/u1f987.com\/en\/news\/mt-gox-transfers-1-billion-in-bitcoin\">bankrupt exchange Mt. Gox<\/a> to establish a Bitcoin reserve.<\/p>\n<p>Roshan Robert, head of the US division of OKX, <a href=\"https:\/\/www.theblock.co\/post\/355320\/bitcoin-jumps-above-110000-institutional-focus-deepens\">stated<\/a> that the price surge is due to a combination of several factors:<\/p>\n<ul class=\"wp-block-list\">\n<li>many firms converting part of their corporate reserves into the leading cryptocurrency;<\/li>\n<li>growing net inflows into spot ETFs;<\/li>\n<li>macroeconomic uncertainty;<\/li>\n<li>\u201cfavorable regulatory signals.\u201d<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cIf you add Bitcoin&#8217;s inherent scarcity to all this, you get a perfect storm,\u201d he emphasized.<\/cite><\/p><\/blockquote>\n<p>Jong noted that Presto Research views the current market situation as \u201cthe beginning of the game,\u201d considering a \u201cfundamental shift\u201d in institutional perception of Bitcoin.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cThe 2025 target of $210,000, first announced at the end of 2024, remains unchanged,\u201d the expert added.<\/cite><\/p><\/blockquote>\n<p>Renowned on-chain analyst Willy Woo wrote that he has never seen \u201csuch smooth inflows into BTC.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I&#8217;ve never seen flows into BTC coming in so smooth.<\/p>\n<p>It&#8217;s like institutions are dollar cost averaging in with their billions. <a href=\"https:\/\/t.co\/jyp9IUXPg4\">pic.twitter.com\/jyp9IUXPg4<\/a><\/p>\n<p>\u2014 Willy Woo (@woonomic) <a href=\"https:\/\/twitter.com\/woonomic\/status\/1925412054380548501?ref_src=twsrc%5Etfw\">May 22, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He suggested that major players are following a DCA strategy, \u201coperating with billions.\u201d<\/p>\n<p>The total cryptocurrency market capitalization stands at ~$3.61 trillion. Bitcoin&#8217;s dominance index is 61%, according to <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.\u00a0<\/p>\n<p>Back in earlier reports, Blockstream co-founder and cypherpunk Adam Back <a href=\"https:\/\/u1f987.com\/en\/news\/adam-back-predicts-bitcoin-surge-to-1-million-calls-it-undervalued\">expressed confidence<\/a> that the price of digital gold is \u201cunjustifiably low\u201d and could reach between $500,000 and $1 million in the current four-year market cycle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The leading cryptocurrency has once again reached a new ATH amid heightened activity from institutional and other large investors.<\/p>\n","protected":false},"author":1,"featured_media":24182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1156],"class_list":["post-24183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/24183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=24183"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/24183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/24182"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=24183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=24183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=24183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}