BTCC / BTCC Square / Bitcoin News /
Bitcoin News: Top 3 Cryptocurrencies Poised for Institutional Funding Growth

Bitcoin News: Top 3 Cryptocurrencies Poised for Institutional Funding Growth

Published:
2025-03-27 22:16:51
9
3
[TRADE_PLUGIN]BTCUSDT,BTCUSDT[/TRADE_PLUGIN]

BTCC APP DOWNLOAD

Download App for Android Download App for iOS
Start Trading BTC on BTCC Today! <<<<

As the cryptocurrency industry continues to gain mainstream acceptance, financial institutions are increasingly opening their doors to this emerging asset class. With the SEC’s historic approval of 11 spot Bitcoin ETFs last year, and more institutions becoming comfortable with crypto, the potential for institutional funding in the cryptocurrency market is on the rise. Here’s a look at the top three cryptocurrencies with high potential for institutional funding.

Top 3 Cryptocurrencies With High Potential For Institutional Funds

The cryptocurrency industry has entered the mainstream. Financial institutions have opened their doors to the emerging asset class over the previous year. The SEC’s approval of 11 spot Bitcoin (BTC) ETFs last year made history in the US. With more institutions becoming comfortable with crypto, we may see an increase in intuitional funding over the coming years. The cryptocurrency market made a slight recovery earlier this week. Bitcoin (BTC) reclaimed the $88,000 level after its recent descent to sub-$79,000 levels. BTC has since slipped below $87,000. The market resurgence was likely due to bullish developments in the US. The SEC dropped its lawsuit against Ripple. The financial watchdog also announced four more cryptocurrency roundtables.

PCE Inflation Data: Potential Impact on Bitcoin

The latest Personal Consumption Expenditures (PCE) inflation data from the U.S., expected on Friday, will be closely monitored by Bitcoin investors. This report provides insights into the economy’s health, focusing on changes in consumer prices for common goods and services. The PCE index is highly regarded by the Federal Reserve when considering interest rate adjustments. Although no significant changes are anticipated in the upcoming reading, the data could still influence Bitcoin’s price dynamics.

Bitcoin Eyes $93,500 Breakout for New All-Time High

Bitcoin (BTC) continues to consolidate within a well-defined range as market participants closely monitor the crucial $93,500 resistance level. A reclaim of this level could signal the beginning of a new bullish phase, potentially propelling BTC to fresh all-time highs (ATHs). The weekly candlestick chart shows Bitcoin experienced a strong upward trend in late 2024, followed by a notable correction beginning in early 2025. Since then, price action has formed a broad range.

Bitcoin’s Exchange Supply Falls to 7.53% – Is a Bullish Phase in Sight?

Bitcoin’s supply on exchanges has dropped to 7.53%, marking its lowest level since February 2018. This decline indicates increased investor confidence and reduced liquidity. At press time, Bitcoin traded at $87,075.28, down 0.95% over the past 24 hours. As more investors choose to ‘hodl’ their BTC, this shrinking supply reflects increasing institutional confidence in Bitcoin’s long-term value. With fewer people willing to sell, BTC could see heightened volatility due to decreasing liquidity in the market. Rising network activity and technical indicators suggest that Bitcoin could be entering a bullish phase.

Bitcoin Hash Ribbon Indicator Flashes Buy Signal

The Hash Ribbon indicator, designed to identify miner capitulation and recovery, has issued a bullish signal for Bitcoin. This occurs when the 30-day moving average of Bitcoin’s hash rate crosses above the 60-day moving average, suggesting a potential turning point in the market. Several BTC community figures highlighted this event, marking it as a significant buy signal based on historical data.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users