• bitcoinBitcoin (BTC) $ 109,195.00
  • ethereumEthereum (ETH) $ 2,580.05
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.27
  • bnbBNB (BNB) $ 663.56
  • solanaSolana (SOL) $ 152.28
  • usd-coinUSDC (USDC) $ 0.999860
  • tronTRON (TRX) $ 0.286879
  • dogecoinDogecoin (DOGE) $ 0.172589
  • staked-etherLido Staked Ether (STETH) $ 2,575.28
  • cardanoCardano (ADA) $ 0.588437
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 109,101.00
  • hyperliquidHyperliquid (HYPE) $ 39.92
  • wrapped-stethWrapped stETH (WSTETH) $ 3,118.67
  • suiSui (SUI) $ 2.93
  • bitcoin-cashBitcoin Cash (BCH) $ 494.84
  • chainlinkChainlink (LINK) $ 13.56
  • leo-tokenLEO Token (LEO) $ 9.02
  • avalanche-2Avalanche (AVAX) $ 18.42
  • stellarStellar (XLM) $ 0.250087
  • usdsUSDS (USDS) $ 0.999763
  • the-open-networkToncoin (TON) $ 2.83
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,756.92
  • hedera-hashgraphHedera (HBAR) $ 0.160180
  • wethWETH (WETH) $ 2,573.48
  • litecoinLitecoin (LTC) $ 87.57
  • whitebitWhiteBIT Coin (WBT) $ 45.05
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 320.86
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 109,212.00
  • ethena-usdeEthena USDe (USDE) $ 0.999283
  • bitget-tokenBitget Token (BGB) $ 4.48
  • polkadotPolkadot (DOT) $ 3.41
  • uniswapUniswap (UNI) $ 7.44
  • aaveAave (AAVE) $ 286.97
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 0.999734
  • pi-networkPi Network (PI) $ 0.467432
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 328.61
  • okbOKB (OKB) $ 48.86
  • aptosAptos (APT) $ 4.49
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 185.20
  • nearNEAR Protocol (NEAR) $ 2.19
  • internet-computerInternet Computer (ICP) $ 4.86
  • ethereum-classicEthereum Classic (ETC) $ 16.73
  • crypto-com-chainCronos (CRO) $ 0.081243
  • ondo-financeOndo (ONDO) $ 0.797996
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 0.999605
  • kaspaKaspa (KAS) $ 0.077637
  • mantleMantle (MNT) $ 0.571790
  • fasttokenFasttoken (FTN) $ 4.43
  • cosmosCosmos Hub (ATOM) $ 4.10
  • gatechain-tokenGate (GT) $ 15.40
  • vechainVeChain (VET) $ 0.020969
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.686689
  • bonkBonk (BONK) $ 0.000022
  • official-trumpOfficial Trump (TRUMP) $ 8.66
  • skySky (SKY) $ 0.079285
  • render-tokenRender (RENDER) $ 3.25
  • ethenaEthena (ENA) $ 0.263361
  • arbitrumArbitrum (ARB) $ 0.335344
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 109,234.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.184499
  • filecoinFilecoin (FIL) $ 2.30
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,577.83
  • algorandAlgorand (ALGO) $ 0.177625
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.52
  • worldcoin-wldWorldcoin (WLD) $ 0.897494
  • sei-networkSei (SEI) $ 0.264989
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997644
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.28
  • usdtbUSDtb (USDTB) $ 0.999605
  • binance-staked-solBinance Staked SOL (BNSOL) $ 161.60
  • kucoin-sharesKuCoin (KCS) $ 11.07
  • usdt0USDT0 (USDT0) $ 0.999241
  • jupiter-exchange-solanaJupiter (JUP) $ 0.448109
  • nexoNEXO (NEXO) $ 1.24
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,697.31
  • spx6900SPX6900 (SPX) $ 1.31
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,940.02
  • fartcoinFartcoin (FARTCOIN) $ 1.20
  • celestiaCelestia (TIA) $ 1.64
  • flare-networksFlare (FLR) $ 0.016575
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999996
  • injective-protocolInjective (INJ) $ 10.72
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.57
  • xdce-crowd-saleXDC Network (XDC) $ 0.063052
  • blockstackStacks (STX) $ 0.661602
  • sonic-3Sonic (S) $ 0.312966
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015953
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,760.51
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,702.29
  • optimismOptimism (OP) $ 0.547725
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pax-goldPAX Gold (PAXG) $ 3,340.25
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 109,120.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,924.00
  • story-2Story (IP) $ 3.12
  • kaiaKaia (KAIA) $ 0.152695
  • dogwifcoindogwifhat (WIF) $ 0.889928
  • wbnbWrapped BNB (WBNB) $ 663.96
  • paypal-usdPayPal USD (PYUSD) $ 0.999334
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,712.40
  • clbtcclBTC (CLBTC) $ 109,777.00
  • the-graphThe Graph (GRT) $ 0.085437
  • flokiFLOKI (FLOKI) $ 0.000087
  • tether-goldTether Gold (XAUT) $ 3,329.99
  • immutable-xImmutable (IMX) $ 0.426546
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 171.14
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.28
  • vaultaVaulta (A) $ 0.484589
  • msolMarinade Staked SOL (MSOL) $ 199.07
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,781.75
  • ousgOUSG (OUSG) $ 111.69
  • theta-tokenTheta Network (THETA) $ 0.704431
  • curve-dao-tokenCurve DAO (CRV) $ 0.504288
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.73
  • jito-governance-tokenJito (JTO) $ 1.97
  • lido-daoLido DAO (LDO) $ 0.748575
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998030
  • galaGALA (GALA) $ 0.014362
  • zcashZcash (ZEC) $ 39.59
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.85
  • wrapped-hypeWrapped HYPE (WHYPE) $ 39.89
  • iotaIOTA (IOTA) $ 0.160036
  • the-sandboxThe Sandbox (SAND) $ 0.247249
  • aerodrome-financeAerodrome Finance (AERO) $ 0.706527
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • syrupMaple Finance (SYRUP) $ 0.560725
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 108,818.00
  • saros-financeSaros (SAROS) $ 0.227153
  • jasmycoinJasmyCoin (JASMY) $ 0.012289
  • raydiumRaydium (RAY) $ 2.19
  • usual-usdUsual USD (USD0) $ 0.997881
  • super-oethSuper OETH (SUPEROETH) $ 2,581.43
  • walrus-2Walrus (WAL) $ 0.415502
  • pyth-networkPyth Network (PYTH) $ 0.099411
  • tbtctBTC (TBTC) $ 108,677.00
  • pendlePendle (PENDLE) $ 3.44
  • tezosTezos (XTZ) $ 0.532047
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,753.09
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,580.99
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,711.43
  • falcon-financeFalcon USD (USDF) $ 0.999925
  • newton-projectAB (AB) $ 0.008119
  • flowFlow (FLOW) $ 0.329061
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 109,510.00
  • decentralandDecentraland (MANA) $ 0.266462
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,574.43
  • coredaoorgCore (CORE) $ 0.502510
  • staked-hypeStaked HYPE (STHYPE) $ 39.81
  • true-usdTrueUSD (TUSD) $ 0.997988
  • apecoinApeCoin (APE) $ 0.614046
  • ripple-usdRipple USD (RLUSD) $ 0.999743
  • venomVenom (VENOM) $ 0.232220
  • bitcoin-svBitcoin SV (BSV) $ 24.27
  • chain-2Onyxcoin (XCN) $ 0.013993
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004742
  • thorchainTHORChain (RUNE) $ 1.34
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999900
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.172563
  • based-brettBrett (BRETT) $ 0.044714
  • morphoMorpho (MORPHO) $ 1.40
  • apenftAPENFT (NFT) $ 0.00000044
  • dexeDeXe (DEXE) $ 7.58
  • beldexBeldex (BDX) $ 0.060506
  • kavaKava (KAVA) $ 0.395688
  • heliumHelium (HNT) $ 2.32
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007202
  • usddUSDD (USDD) $ 0.999889
  • starknetStarknet (STRK) $ 0.114320
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • movementMovement (MOVE) $ 0.156786
  • usdbUSDB (USDB) $ 0.994525
  • mog-coinMog Coin (MOG) $ 0.000001
  • stader-ethxStader ETHx (ETHX) $ 2,738.11
  • build-onBUILDon (B) $ 0.398193
  • dydx-chaindYdX (DYDX) $ 0.528678
  • compound-governance-tokenCompound (COMP) $ 41.63
  • neoNEO (NEO) $ 5.48
  • elrond-erd-2MultiversX (EGLD) $ 13.49
  • conflux-tokenConflux (CFX) $ 0.074591
  • kaitoKAITO (KAITO) $ 1.57
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.996533
  • aioz-networkAIOZ Network (AIOZ) $ 0.313914
  • ecasheCash (XEC) $ 0.000019
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,580.72
  • deepDeepBook (DEEP) $ 0.147339
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 108,608.00
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.16
  • axie-infinityAxie Infinity (AXS) $ 2.19
  • ether-fiEther.fi (ETHFI) $ 0.958360
  • telcoinTelcoin (TEL) $ 0.003913
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,847.31

Bitcoin Price Eyes Breakout: Global Money Supply and BTC ETF Demand Soar

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Bitcoin Price Eyes Breakout: Global Money Supply and BTC ETF Demand Soar

Bitcoin is nearing a critical price point of $96,000, a resistance level that has repeatedly challenged its upward momentum during the consolidation phase. However, sentiment among analysts remains firmly bullish, fueled by a rapidly expanding global money supply.

Crypto analyst Rover stated that “global liquidity is exploding” as the volume of circulating financial capital continues to expand. Digital assets experience increased demand due to rising market liquidity, which in turn boosts Bitcoin prices. The influx of capital into the market creates favorable conditions for Bitcoin to potentially surpass the $96,000 resistance mark during a sustained breakout.

Bitcoin Price Eyes Breakout: Global Money Supply and BTC ETF Demand Soar

Source: X

Bitcoin Faces Key Resistance at $96,000

The previous attempts of Bitcoin to surpass the $96,000 resistance level attracted significant attention among investors. The market has shown support at this zone, making it challenging for the price to break through.

Related: Crypto Campaign Urges Swiss National Bank to Diversify with Bitcoin Reserves

The next major targets for Bitcoin’s upward movement after a potential break of $96,000 will be $101,000, followed by $111,000, suggesting an ongoing bullish pattern. If Bitcoin cannot surpass $96,000, then there exists a possibility that its price will fall.

Bitcoin Price Eyes Breakout: Global Money Supply and BTC ETF Demand Soar

Source: X

The movement in Bitcoin’s market sentiment depends largely on funding rates alongside rising liquidity. Funding rates turn negative when the majority of futures traders open short positions, reflecting bearish sentiment. Historically, such periods of negative funding have preceded Bitcoin price increases, indicating that current trends may cause an upward movement.

Institutional Interest Strengthens Bitcoin’s Outlook

The interest level from financial institutions toward Bitcoin has surged dramatically due to the rising demand for Bitcoin ETFs. BlackRock’s recent $240 million Bitcoin purchase, along with its institutional trust, signifies positive prospects for Bitcoin. The growing institutional support and rising liquidity indicate that the digital asset potential of Bitcoin remains strong, which supports its favorable price trend over the next period.

Related: Coinshares: Bitcoin All-In Mining Cost Reached $137K for Listed Miners in Q4 ’24

Bitcoin’s market value is directly correlated with global financial expansion, as increased liquidity drives demand for cryptocurrencies. The cryptocurrency market indicates that Bitcoin will surpass key obstacles on its path to generating substantial price appreciation.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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