Bitcoin Surges Above $100K Amid Renewed Market Activity
- Bitcoin (BTC) price reached approximately $102,000, a 4.3% increase over 24 hours.
- CoinDesk 20 index rose by 3.5% with all major cryptocurrencies posting gains.
- MicroStrategy purchased an additional 1,020 BTC; KULR Technology Group added $21 million in BTC.
- $908 million inflows into spot BTC ETFs were recorded on Friday.
The influx of $908 million into spot BTC ETFs indicates strong demand resurgence, potentially stabilizing Bitcoin’s price above the $100K mark and encouraging further institutional investment.
