Source: CoinGlassRelated: US Bitcoin ETFs clock biggest inflows since January as crypto markets gainBullish sentimentThe reports come as Bitcoin broke past $90,000 on April 22 for the first time in six weeks, reflecting traders embracing Bitcoin and gold as potential hedges against looming trade wars and geopolitical volatility. The price action followed the biggest daily net inflows into US spot Bitcoin ETFs since January. The US’s 11 spot BTC funds collectively pulled more than $380 million in net inflows on April 21, according to CoinGlass data.
Demand from financial institutions could push the price of Bitcoin (BTC) as high as $200,000 per coin in 2025, according to two research reports reviewed by Cointelegraph. Analysts from Standard Chartered and Intellectia AI said institutional Bitcoin demand from exchange-traded funds (ETFs) and traders seeking to hedge against macroeconomic risk could cause Bitcoin’s price to more than double this year.“While the forecast is optimistic, it's also conditional.
Any black swan — from a major regulatory clampdown to a geopolitical event — can disrupt trajectories,” Fei Chen, Intellectia AI’s chief investment strategist, told Cointelegraph. Bitcoin ETF inflows since January 2024.
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Author / Journalist: Cointelegraph by Alex O’Donnell
The story "Institutional demand could push BTC past $200k in 2025 — Analysts" has 430 words across 17 sentences, which will take approximately 2 - 4 minutes for the average person to read.
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