The price of Bitcoin has increased by 3.04% over the last 24 hours to reach $112,561. This reflects the inflows of institutional exchange-traded funds, the demand from American investors, and the bullish technical momentum.
The inflows of institutional exchange-traded funds have driven assets under management to $137.42 billion (+0.6% over 24 hours).
The Coinbase Premium gap reached +$42, indicating accumulation in the American market.
The bullish MACD crossover (chart 289.95) confirmed the upward momentum.