Bitcoin’s price rally accelerated beyond $113,800, driven by significant improvements in stablecoin liquidity and rising institutional participation. The expansion of major stablecoins including USDT and USDC has reduced market volatility while providing solid footing for Bitcoin’s appreciation.
Technical indicators reinforce bullish momentum, with the Stablecoin Supply Ratio (SSR) MACD signaling substantial capital inflows and price growth. This metric demonstrates strengthening investor confidence across cryptocurrency markets.
Onchain data reveals heightened institutional activity, notably through Binance commanding over 49% of spot trading volume. The platform has evolved into a critical liquidity hub for large-volume traders, facilitating robust institutional engagement.
Exchange analytics show sustained upward pressure with increased spot volumes and fresh capital entering Bitcoin markets. Market observers note these conditions support continued price appreciation with limited technical resistance.
The positive outlook is tempered by cautions that sustained growth requires ongoing monitoring of liquidity metrics and exchange fund flows. Market participants highlight stablecoin expansion and institutional adoption as key factors underpinning Bitcoin’s current trajectory.