Bitcoin has reclaimed the $115,000 mark following a recent market correction, driven by investor activity and responses to key U.S. economic indicators. Institutional investors have been instrumental in this surge, accumulating a significant amount of Bitcoin – over 65,000 BTC, currently holding 3.65 million in total. Michael Saylor, CEO of MicroStrategy, expressed confidence in Bitcoin’s future, stating that even a modest investment from Wall Street could see its price reach $1 million. While major figures like Saylor and Cathie Wood haven’t made explicit comments about this particular milestone, their long-standing bullishness on Bitcoin remains noteworthy. Market sentiment appears to be driven by the confidence of these investors, reflected in significant exchange outflows to cold storage, suggesting a positive outlook for the long term. This influx has also spurred upward movement in Ethereum, which is trading above $4,500 and XRP, nearing $3.00. The broader cryptocurrency market reflects this bullish momentum. Economic indicators like CPI and PPI from the U.S., historically significant drivers of crypto market volatility, continue to shape Bitcoin’s price action.