Tue, April 29, 2025
Mon, April 28, 2025

Bitcoin climbs above $95,000 as the cryptocurrency's ETFs rake in $3 billion

Bitcoin surged past $95,000 on April 28, 2025, marking a significant milestone driven by heightened institutional interest and the robust performance of Bitcoin ETFs. The cryptocurrency's value increased by 5% in a single day, reflecting strong market confidence. This surge was partly fueled by the record-breaking inflows into Bitcoin ETFs, which saw their highest weekly investments since their inception, totaling over $2 billion. Analysts attribute this bullish trend to a combination of factors, including clearer regulatory frameworks, increased mainstream adoption, and the anticipation of the next Bitcoin halving event scheduled for later in the year. The market's positive sentiment is further bolstered by major financial institutions announcing plans to offer Bitcoin-related financial products, signaling a maturing market.

Read the Full Fortune Article at:
[ https://fortune.com/crypto/2025/04/28/bitcoin-climbs-above-95000-bitcoin-etfs-big-week/ ]