#BTCvsMarkets Bitcoin Price Analysis: BTC Holds $92,000 Support After ETF-Driven Rally
The crypto market saw significant volatility and major moves over the past 24 hours, with Bitcoin (BTC) leading the charge and altcoins following with mixed but notable performances. The overall sentiment is bullish, driven by institutional activity, ETF inflows, and regulatory optimism.
Bitcoin (BTC)
Current Price: ~$92,735
24h Change: -0.61%
Market Cap: $1.85T
Volume: $987M
Recent High: Flirted with $94,000 on Wednesday morning, just shy of the $95,000 mark.
ETF Inflows: U.S. Bitcoin ETFs saw their largest single-day inflow in five months on April 22, with nearly 11,900 BTC (~$1B) entering funds, a 500x jump over the 2025 daily average. ARK 21Shares (ARKB), Fidelity (FBTC), and BlackRock (IBIT) led inflows.
Market Drivers:
Institutional demand via ETFs
Investors reallocating from equities to crypto and gold
Regulatory optimism after pro-crypto Paul Atkins’ SEC appointment
Technical Analysis: BTC broke above key resistance, with momentum supported by ETF activity. The chart shows a strong uptrend, but short-term consolidation is possible as price approaches psychological resistance at $95,000.
