This week, the Bitcoin market witnessed a strong rebound, with the price breaking through the $112,000 mark, reaching its highest level ever recorded. This surge was accompanied by a significant revival in trading activity, particularly in the futures market, signaling renewed institutional interest in the cryptocurrency.
As of Wednesday, daily trading volume in Bitcoin futures exceeded $203 billion, marking the third-highest single-day volume since 2025. At the same time, spot market activity also picked up noticeably. Market data shows that over the past two days, spot trading volume approached $150 billion, the highest in nearly two months.
Analysts point out that this rally reflects a reassessment of Bitcoin’s role as a “store of value.” With the U.S. dollar facing long-term depreciation pressures and persistent global inflation risks, an increasing number of market participants are viewing Bitcoin as digital gold, offering potential as a safe-haven asset.
Institutional buying has also been a key driver behind this momentum. According to third-party data providers, U.S. spot Bitcoin ETFs attracted over $1.6 billion in net inflows over the past week. Additionally, publicly listed firms such as Strategy (formerly MicroStrategy) continue to expand their Bitcoin holdings, with the company now owning BTC worth over $64.5 billion.
Interestingly, this upward trend coincides with positive signals in the global political and economic landscape. Analysts highlight that the U.S. President’s softened stance on trade policy and stronger-than-expected inflation data have boosted overall market risk appetite, further encouraging investment in high-risk assets like cryptocurrencies.
While Bitcoin is currently trading at record highs, many market observers believe its long-term upside potential remains significant. Some optimistic forecasts suggest the cryptocurrency could eventually reach the $200,000 threshold.
Other digital assets have also followed suit. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has surged 56% over the past month. ETH is currently trading above $2,600, underscoring renewed investor confidence in the broader crypto ecosystem.
Given the historical volatility of the crypto market, analysts caution that investors should remain vigilant about regulatory developments and the possibility of short-term corrections.
Bitcoin has once again entered a “price discovery” phase, and its future performance will likely be shaped by global capital flows, policy direction, and ongoing technological advancements.