Bitcoin Hits $108K ATH as Institutional Inflows and Inflation Jitters Spark Rally
Bitcoin (BTC) surged to a new all-time high on Monday, briefly peaking at $108,000, as a wave of institutional investment and renewed inflation concerns drove bullish momentum. The crypto market opened the week on a strong note, with BTC showing aggressive strength after several high-profile purchases.
Currently trading around $105,491.99 (+3.07%), Bitcoin is riding a powerful rally sparked by major corporate buyers and macroeconomic factors.
Institutional Demand Surges: MicroStrategy and Metaplanet Lead the Charge
One of the biggest catalysts behind this latest rally was MicroStrategy’s announcement of an additional $764.9 million BTC acquisition, adding to its already massive holdings. The move came amid legal pressure, as the company faces a class-action lawsuit alleging securities law violations—yet the firm doubled down on Bitcoin.
Japan-based Metaplanet also joined the institutional buying spree, adding further momentum to the bull run. With traditional markets increasingly wary of inflation and currency devaluation, Bitcoin continues to cement its role as a hedge and store of value.
