Bitcoin Hits $90,000: Institutional Bets Fuel Price Surge

Bitcoin’s value surged past $90,000 on April 23, 2025, driven by significant investments from institutional investors. Data shows a record inflow of nearly $381 million into Bitcoin ETFs, signaling investor confidence. Experts believe this surge is a reflection of the weakening US dollar and increased demand for digital assets. Leading institutions such as Fidelity and BlackRock have boosted their Bitcoin holdings significantly, prompting a notable price increase.