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Bitcoin Surges Past $95,000 Mark, Achieving Largest Weekly Gain Since November 2024

The cryptocurrency's rally is driven by $2.68 billion in ETF inflows, institutional accumulation, and declining exchange-held supply.

Bitcoin cryptocurrency with the green code from the Matrix movie projected onto it in Clermont Ferrand France on March 26 2025.
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ARK Invest bitcoin Breaking Push BTC Cathie Wood bitcoin price prediction
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Overview

  • Bitcoin is trading above $95,000 for the first time since February, marking a 12% weekly increase and its strongest performance since November 2024.
  • U.S.-listed spot Bitcoin ETFs saw $2.68 billion in net inflows this week, the highest since December, signaling renewed investor confidence.
  • Exchange-held Bitcoin balances have declined from 3 million in November 2024 to 2.6 million, reflecting increased long-term holding behavior.
  • Institutional and sovereign wealth fund accumulation is driving demand, with analysts highlighting Bitcoin's growing appeal as a store-of-value asset.
  • ARK Invest raised its 2030 bull-case Bitcoin price target to $2.4 million, citing institutional adoption and its role as 'digital gold.'