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Bitcoin Finally Breaks Out: Rally Defies Skeptics as Institutional Money Floods In

Bitcoin Finally Breaks Out: Rally Defies Skeptics as Institutional Money Floods In

Author:
CoindeskEN
Published:
2025-04-25 16:40:47
20
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CoinDesk Weekly Recap: Finally, the Bitcoin Rally

After months of sideways action, BTC smashes through resistance—just as Wall Street ’discovers’ crypto again (conveniently after accumulating positions).

Key drivers: Spot ETF inflows hit $1.2B this week, while shorts get liquidated at yearly highs. Traders eye $80K as the next psychological barrier.

The irony? Same banks that called Bitcoin ’rat poison’ now profit from custody fees. Welcome to finance 3.0—where hypocrisy gets tokenized.

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