Bitcoin is closing in on the $95,000 mark, continuing its impressive 2025 rally. The rise is driven in large part by strong demand for Bitcoin ETFs, which recorded $172.8 million in inflows on April 29 alone.
👉 Read the full update on Blockchain.News
Despite a recent decline in stablecoin buying power—measured by a falling Exchange Stablecoin Ratio (ESR)—Bitcoin’s price momentum remains strong.
👉 Technical breakdown via CryptoSlate
👉 Chart analysis at Blockchain.News
Adding to the bullish sentiment, BlackRock has purchased an additional $216.7 million worth of Bitcoin, reinforcing the growing role of institutional players in the market.
👉 More on BlackRock’s move
With major funds entering the space and strong technical signals, analysts believe Bitcoin could be on track to break $100,000 in the near term.
