Bitcoin Surges Past $100,000 as Institutional Flows Return Amid Shifting Macro Landscape
Bitcoin has demonstrated remarkable resilience, breaking past the $100,000 mark and testing resistance at $107,000, fueled by renewed institutional interest and a favorable macroeconomic climate following the US-China trade truce. This 6% surge since the trade agreement highlights Bitcoin's growing appeal as a hedge and growth asset. Meanwhile, gold's rally has stalled, with the precious metal range-bound near six-month lows as risk appetite improves. The diverging trends between Bitcoin and gold underscore the shifting dynamics in the financial markets, with digital assets like Bitcoin gaining prominence as traditional safe havens like gold face headwinds. As of June 2025, Bitcoin's upward trajectory signals strong bullish sentiment, with institutional flows playing a pivotal role in driving its price action.
Bitcoin and Gold Show Diverging Trends as Macro Conditions Shift
Bitcoin's resurgence above $100,000 contrasts sharply with gold's consolidation, highlighting the inverse correlation between these flagship assets. The cryptocurrency has gained 6% since the US-China trade truce, testing resistance at $107,000 as institutional flows return.
Gold's February-May rally has stalled amid improving risk appetite, with the precious metal now range-bound NEAR six-month lows. This divergence underscores crypto's growing role as a macroeconomic hedge, particularly in Asia-Pacific markets where trading volumes have spiked 40% month-over-month.
Hyperliquid Whale Places $1B BTC Long Bet as Bitcoin Hits ATH
A significant crypto investor, James Wynn, has made an audacious $830 million Leveraged long position on Bitcoin via Hyperliquid, a decentralized derivatives exchange. The trade, executed with 40x leverage, involved 7,764 BTC at an entry price of $105,033—nearly risking total liquidation below $100,330.
Wynn later trimmed the position to $430 million, likely securing partial profits, but doubled down as bitcoin dipped toward his initial entry point. This aggressive repositioning signals unshaken bullish conviction amid Bitcoin's record-breaking rally.
On-chain data reveals similar Optimism among institutional traders, with multiple large Bitcoin accumulations reported during the price surge. The derivatives market now watches whether these high-stakes bets will fuel further upside or trigger cascading liquidations.
Bitcoin Hits New All-Time High at $109,800 as Institutional Demand Fuels Rally
Bitcoin surged to a record $109,788, eclipsing its previous peak and cementing its position as the fifth-largest global asset with a $2.14 trillion market cap. The cryptocurrency now surpasses Amazon in market value, signaling a watershed moment for digital assets.
Institutional accumulation is driving the rally. MicroStrategy—rebranded as Strategy—now holds 576,000 BTC, equivalent to 2.7% of Bitcoin's total supply. Japanese investment firm Metaplanet recently added 1,004 BTC to its treasury, mirroring the corporate adoption trend that began with Tesla's 2021 purchase.
Strike and Tether Eye 5% Stake in Bitcoin Network, Says Jack Mallers
Jack Mallers, founder of fintech firm Strike, hinted at a bold Bitcoin accumulation strategy in collaboration with stablecoin issuer Tether. During an interview on the Supply Shock podcast, Mallers suggested the partners could eventually control up to 5% of all circulating BTC—a move that WOULD significantly impact the cryptocurrency's liquidity and institutional adoption narrative.
The disclosure comes as institutional interest in Bitcoin reaches new highs, with major financial players increasingly viewing cryptocurrency as a strategic reserve asset. While Mallers declined to specify current holdings, even a 1% position would represent over 210,000 BTC at today's circulating supply.
Texas Advances Strategic Bitcoin Reserve Bill Amid Market Supply Shock
Texas has positioned itself as a leader in cryptocurrency adoption, becoming the third U.S. state to pass a Strategic Bitcoin Reserve bill through both legislative chambers. The SB-21 bill cleared the House with a decisive 101-42 vote, following March 2025 Senate approval. This legislative momentum mirrors earlier actions by New Hampshire and Arizona.
The bill now returns to the Texas Senate for reconciliation after House amendments adjusted crypto market cap parameters. Lawmakers extended the qualifying average market cap measurement period from 12 to 24 months, maintaining the $500 billion threshold.
Market dynamics underscore the timing of Texas' crypto push. On-chain data reveals a Bitcoin supply shock developing, fueling bullish sentiment across digital asset markets. The legislative progress coincides with growing institutional recognition of Bitcoin's strategic value as a reserve asset.
Pakistan Launches Digital Asset Authority to Regulate Crypto, Targeting $25B Market
Pakistan has entered the digital finance arena with the establishment of the Pakistan Digital Assets Authority (PDAA), a regulatory body tasked with overseeing Bitcoin and other cryptocurrencies. The MOVE aims to formalize a market currently valued at an estimated $25 billion.
The PDAA will regulate a broad spectrum of digital assets, including stablecoins, tokenized instruments, and decentralized finance platforms. This initiative seeks to create a secure framework for investors while positioning Pakistan as a participant in the global crypto economy.
