Bitcoin’s Strong Accumulation Fuels Prices Above $110,000

Bitcoin prices recently surged past $110,000 as strong institutional buying signals a solid price floor for the cryptocurrency. Bitcoin’s realized cap witnessed significant growth this week, surpassing $3 billion in value, indicating increasing market accumulation and signaling a resilient market despite short-term fluctuations. 5 major institutional investors bought over $1 billion in Bitcoin within a week. This trend reinforces bullish sentiment surrounding the cryptocurrency’s long-term prospects.