Bitcoin Surpasses $90,000: Institutions Drive Price Surge

Bitcoin’s price surged past $90,000 on April 23, 2025, influenced by major institutional inflows and macroeconomic factors.

Institutional support bolstered Bitcoin’s price, with record ETF inflows signaling confidence, while macroeconomic uncertainties drive demand for digital assets.

Fidelity and BlackRock Lead Bitcoin Buy-In

Major institutional investors, including Fidelity and BlackRock, have significantly increased their Bitcoin holdings, leading to a substantial price rise. The surge followed news of $381 million in daily ETF inflows, reversing previous outflows.

Analysts, such as Benn Eifert, highlighted the USD’s weakness, further contributing to Bitcoin’s attractiveness. The price targets focus on breaking the $91,000–$92,000 resistance, with predictions of further highs if surpassed.

Stock Markets React to Bitcoin’s Surge

Bitcoin’s sharp increase resulted in a positive shift for related assets, with COIN, ARA, and MSTR stocks rising. Overall, the market has seen an uptick in trading volumes, reflecting heightened investor interest.

The broader cryptocurrency market felt the impact, with increased trading volume and momentum indicators signifying bullish trends. However, reaching $92,000 is critical for sustaining this momentum, according to industry experts.

Historical Price Levels Key to Future Trends

Historically, Bitcoin hovered near these levels in late 2024, with similar support zones around $90,000–$92,000. Past breaches resulted in downward corrections, underscoring this level’s historical significance.

Experts expect that exceeding $92,000 could signal the start of a new bullish phase, driven by ongoing institutional interest and weakening of the USD. Long-term targets rely on broader market conditions remaining favorable.

“Reclaim $92,000 and #Bitcoin sends higher. A lot higher.” – Jelle, Analyst