Bitcoin Breaks Out: Surge Towards $92,600 Fueled by Institutional Buying

Bitcoin (BTC) experienced a significant price surge over the Easter weekend, surpassing the $91,000 mark on April 22nd. This bullish move marked a departure from the stock market’s subdued recovery and mirrored gold’s robust performance, which briefly reached a record high of $3,500. While this rally’s decoupling from traditional equities is noteworthy, the derivatives market reveals even more potent insights.