Bitcoin Hits $102K as Institutional Inflows and Corporate Purchases Drive Gains

Bitcoin rose to almost $102,000 on Monday, hitting its six-figure worth for the primary time since Dec. 19 and beginning 2025 sturdy after the vacation slowdown. Two main market actions driving Bitcoin’s current positive aspects are the return of institutional capital inflows and a declining trade provide of BTC. On Friday, Bitcoin recorded internet inflows of $908.1 million by its US-based Spot ETFs, the biggest influx quantity since mid-December 2024, in an indication of demand returning. Additionally, company Bitcoin shopping for made headlines when MicroStrategy purchased one other 1,020 BTC, whereas Texas-based KULR Know-how Group added $21 million value of BTC to its coffers, doubling its holdings.