Bitcoin Surges Past $95,000 with $3 Billion in ETF Inflows

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Bitcoin (BTC), the leading cryptocurrency, is experiencing a remarkable rebound, approaching the $100,000 mark for the first time since February 2025.

This upward movement has been significantly driven by considerable investments into Bitcoin exchange-traded funds (ETFs), highlighting a resurgence of investor enthusiasm and engagement in the cryptocurrency landscape.

Bitcoin and Major Cryptocurrencies Recover

Recently, reports indicated that Bitcoin ETFs have seen their largest influx of capital since December, with over $3 billion pouring in last week. This surge in ETF investments often signals overall market sentiment, suggesting that more investors are recognizing Bitcoin as a credible asset.

The ongoing purchasing activity comes as Bitcoin has rebounded from a low of $75,000 on April 7, climbing over $95,000 by April 28. In the past week alone, Bitcoin’s value has surged by approximately 8%, reaching $95,500—levels not observed since February.

Additional Insights

Gadi Chait, head of investment at Xapo Bank, highlighted that this price trend signifies more than mere volatility; it indicates a renewed commitment from investors to participate in the market.

Chait stated that strong institutional investments through ETFs, coupled with a robust bullish trend in options trading, have set the stage for Bitcoin to possibly surpass the $100,000 threshold soon.

The rise in Bitcoin’s valuation parallels a revival in the wider cryptocurrency market. Other prominent digital currencies have also seen gains recently, with Ethereum up by 11%, XRP by 9%, and Solana by 8%.

This recovery follows a tumultuous period prompted by President Trump’s extensive tariff policy announcement earlier this month, which initially triggered a major market downturn.

A Chosen Safe Haven Amidst Equity Market Stress

On April 2, the S&P 500 faced a substantial crash, losing $2.5 trillion in a single day as investors reacted to possible disruptions in supply chains and rising inflation. This led many to move away from riskier assets, including cryptocurrencies, in preparation for the impending effects of the tariffs.

However, the atmosphere began to stabilize after Trump announced a 90-day pause on most tariffs, excluding those on China. This led to a remarkable recovery in the S&P 500, marking its largest single-day gain since 2008, while Bitcoin saw a 9% rebound on April 9.

Since the announcement of Trump’s tariff pause, the S&P 500 has experienced a slight rise of 1%, while Bitcoin has delivered a more impressive 14% increase.

James Butterfill, head of research at CoinShares, observed a crucial distinction in how investors view Bitcoin compared to traditional stocks.

He elaborated that as traditional equities grapple with tariff pressures and declining corporate profits, BTC is increasingly recognized as a safe-haven asset, independent from centralized control by governments or central banks. This shift in perspective may be a significant factor contributing to Bitcoin’s recent success.

“While stocks are burdened by tariffs and decreasing profit forecasts, Bitcoin remains unscathed and has actually thrived as investors seek refuge in alternative safe-haven assets,” Butterfill remarked.

The daily chart illustrates BTC’s price uptrend.

On Monday, BTC retraced to around $94,640, marking a 14% price increase within the monthly timeframe.

Image crafted by DALL-E, chart sourced from TradingView.com.