Source: Farside InvestorsAdditional data from CoinShares reveals that institutional investors asserted their optimism in crypto markets as $785 million flowed into crypto investment products, marking a five-week streak of inflows. Bitcoin investment products attracted $557 million in inflows over the past week, indicating growing investor confidence in Bitcoin as a long-term asset.
As of 5/19/2025, we hold 7800 $BTC acquired for ~$712.5 million at ~$91,343 per bitcoin.$MTPLF pic.twitter.com/w4tqZA2QPK— Simon Gerovich (@gerovich) May 19, 2025With increasing institutional demand for Bitcoin, the price is well-positioned to continue its upward trajectory toward all-time highs and into price discovery.
Source: CryptoQuantWith the current strong demand for BTC futures contracts, investors are expecting Bitcoin to continue its uptrend similar to the one that occurred between late October 2024 and December 2024, when rising OI accompanied BTC’s 84% rally to its previous all-time highs of $108,000 reached on Dec.16, 2024.
or
Share This Story
Article Details
Author / Journalist: Cointelegraph by Nancy Lubale
The story "Why is Bitcoin price up today?" has 711 words across 32 sentences, which will take approximately 3 - 6 minutes for the average person to read.
Which news outlet covered this story?
The story "Why is Bitcoin price up today?" was covered 1 days ago by Coin Telegraph, a news publisher based in United States.
How trustworthy is 'Coin Telegraph' news outlet?
Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United States and publishes an average of 20 news stories per day.
It's most recent story was published 7 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
