Bitcoin

Bitcoin Soars to $95.5K as Retail Optimism Surges

9 hours ago
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On Monday, Bitcoin attained a fresh 2025 summit of $95,500, with retail investor enthusiasm and a return to the overall crypto space driving it.

This newest rally in price not only encompasses the evident upswing of the last few weeks but also seems to capture the new sentiment of traders and online communities around BTC, who are looking a lot more favorably at the prospect of Bitcoin hitting even loftier price points.

Bullish sentiment now fills social media, with posts forecasting even greater highs for Bitcoin vastly outnumbering those predicting downturns. This is a notable shift in crowd psychology. Historically, experienced traders have preferred a market environment where the majority are bearish—believing it creates more room for the asset in question to make upward moves. However, the recent trend shows retail investors growing ever more bullish and confident.

On-Chain Activity Suggests Growing Demand

The network data backs up the notion that real engagement is returning to the Bitcoin ecosystem, beyond just social media buzz. On April 27, active Bitcoin addresses were up over 800,000, an even more encouraging figure that signals the on-chain activity is pushing back toward some of the better levels from the second half of last year. As with the usage stats, the number of active addresses is still somewhere short of the previous highs from late 2017 and late 2020. Still, the extent to which the number of active addresses has bounced back gives renewed hope for Bitcoin’s continued long-term adoption.

Growth in the number of active addresses suggests that more people are sending, receiving, and interacting with Bitcoin than in prior months. Analysts often interpret this as a sign that the rally isn’t being driven solely by speculation but is also underpinned by actual user participation. In previous market cycles, rising on-chain metrics have often preceded further price increases, making this a key figure to watch.

Institutional Support Grows Through Bitcoin ETFs

Enhancing the already strong bullish forecast is the unrelenting influx of institutional money into Bitcoin. On April 28, spot Bitcoin ETFs enjoyed a net inflow of $591 million, the seventh day in a row they have had net positive flows. They are a regulated way for traditional financial players to invest in Bitcoin, and they give these players exposure to the price of Bitcoin without the necessity of managing wallets or private keys.

Definitely, ETF inflows are a sign of institutional confidence in the platform’s long-term potential. With regulations evidently allowing for greater participation in this space, that’s not retail-driven, these funds are doing a great job of stabilizing and legitimizing this market. And, if you want to look for a reason not to be as concerned about this apparent surge, I think the simplest one is to just point to the fact that this was previously a retail-driven surge.

Even so, a few market observers are still leery. They see the conjunction of retail-enthused buying, meme-coin trading, and ever-rising prices as a signal that we could be in an overheated market. Although a number of pundits have placed their forecasts at the moon, some folks would caution that too much $100,000 talk could be a setup for a correction.

Currently, the attention is firmly fixated on Bitcoin. The potent combination of intensifying on-chain action, ongoing ETF inflows, and a burgeoning base of retail investors has the Bitcoin market looking, in our view, like it wants to remain volatile—and, if not make new highs, then at least test old ones and do so in pretty short order.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Source: https://nulltx.com/bitcoin-soars-to-95-5k-as-retail-optimism-surges/