Bitcoin Smashes $95K Barrier as Bull Run Defies Gravity

Digital gold just got heavier—BTC punches through another psychological resistance level while Wall Street analysts scramble to revise their ’too late to buy’ reports.

The king of crypto now flirts with six figures as institutional money floods in, leaving retail traders wondering if they missed the boat—again.

Meanwhile, traditional finance pundits clutch their pearls: ’But the volatility!’ they cry, between sips of $20 artisanal coffee paid for with 2% cash-back credit cards.

Bitcoin’s current rally is largely fueled by the economic uncertainty that has led traditional assets like stocks and fiat currencies to weaken. As a result, investors have flocked to secure their funds into safe-haven assets like gold and cryptocurrency. Just a few days ago, gold reached a new all-time high at $3,390.

Moreover, institutional interest also seems to be one of the key drivers of the recent rally. According to data from SoSoValue, U.S. spot Bitcoin ETFs have seen $764 million in net inflows over the past week.

According to CryptoQuant contributor Darkfost, Bitcoin’s supply-in-profit metric shows that more than 85% of holders are now sitting on profits. This marks a 10% increase compared to its previous dip to 75%.

Previous analysis by crypto.news predicted that if BTC manages to break through $98,000, it could lead to BTC returning to its previous $100,000 level. However, a decline at this point in time could lead towards BTC sliding even further down toward $85,000–$87,000.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.