Bitcoin Surges Past $107K as Institutional Interest Peaks
Bitcoin has seen a remarkable surge, retesting the $107k threshold for the first time in several days. This increase points towards a potential major breakout following a period of stagnant trading. At the time of analysis, Bitcoin had risen by 1.07%, trading near $106,750. The latest trends in institutional investment indicate that bullish momentum may be on the horizon. With decreasing Binance inflows, it is crucial for market participants to remain vigilant as Bitcoin aims for further growth and exploration of new trading territories.