Bitcoin reached an all-time high of $113,800 due to a surge in stablecoin reserves and a decrease in retail selling pressure. The asset is experiencing price discovery, signaling potential for further gains. Data indicates that retail investor inflows dropped to below $12 billion, the lowest since April 2025, suggesting reduced volatility and less selling from smaller investors. This decline in retail activity coincided with a boost in Binance’s market share, now over 49%, indicating that institutional investors are significantly influencing the rally. Analysts highlight the bullish development in the Stablecoin Supply Ratio MACD, showing historical patterns of capital inflows and upward price momentum. Furthermore, Binance's reserves of USDT and USDC reached a record $31 billion, implying substantial capital may soon flow into Bitcoin and other altcoins, reinforcing bullish market conditions. Overall, the combination of reduced retail participation and strong institutional backing suggests a potentially sustained upward trajectory for Bitcoin.

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