🚨INSTITUTIONALS INVESTER DRIVES BITCOIN MOMENTUM 🚨
Momentum: Bitcoin is trading at $92,114, marking a 3.12% increase in the last 24 hours, driven by strong institutional buying.
• Technical Outlook: Bullish signals are present with the MACD turning positive and the 1-hour RSI at 65.5, indicating strong momentum.
• Key Catalysts: Record inflows into Bitcoin ETFs, significant corporate acquisitions, and increasing regulatory clarity are fueling the rally.
Market Overview
• Bitcoin's price is currently $92,114.46, reflecting a 3.12% gain over the past 24 hours and a 6.66% increase over the last seven days.
• The 24-hour trading volume has surged to $48.17 billion, with a market capitalization of approximately $1.84 trillion, reinforcing its dominant position at 59% of the total crypto market.
• On-chain data reveals a significant net inflow of $191.6 million in the last hour, indicating strong buying pressure and positive market sentiment.$BTC
