"Bitcoin Hits All-Time High... Backed by Institutional Capital Inflows and Strong Buying Pressure"

Bitcoin (BTC) has reached a new all-time high, and this surge, unlike previous bull runs, is being driven primarily by institutional capital inflows and crypto-friendly policies, according to analysts.

On the 11th (local time), the cryptocurrency service provider Matrixport stated in a research report, "This rally in Bitcoin is supported by institutional capital inflows and strong buying momentum, which differentiates it from past surges." The report added, however, that "the Fed’s interest rate policy and next week’s Consumer Price Index (CPI) announcement schedule are also important variables."

Matrixport explained that in this rally, individual investors are not using excessive leverage, and funding rates have only seen a slight uptick. The report stated, "Open interest in Bitcoin is increasing gradually, but there is not yet any notable new leveraged long positions", adding, "This surge should be seen as a structural upward trend rather than speculation."

The report further noted that President Trump’s tariff policies and improvement in industry regulations have played a significant role in this rally. "Changes in the regulatory environment are one of the main factors sustaining Bitcoin’s bullishness," the report stated, predicting, "Policy changes will continue to support the ongoing rise of Bitcoin."

The report also analyzed that Bitcoin is likely to maintain its upward momentum in the future. Matrixport added, "If the seasonal strength in July and expectations for the Bitcoin ETF persist, the upward move could become even more pronounced." With the U.S. House of Representatives set to announce progress in related legislation through 'Crypto Week' starting on the 14th, the report explained that there is a chance for momentum to continue.