Bitcoin maintained a position above $114,500 in Thursday’s trading session, buoyed by a return of inflows into crypto investment products that had stalled earlier in the week. According to CoinMarketCap, the total market capitalization of digital assets rose by 0.84%, reflecting a broad-based uptick in trading activity among both spot and futures instruments.
At 11:30 a.m. IST, Bitcoin was trading 0.5% higher at $114,581, while Ethereum advanced 1.7% to $3,690. Other large-cap altcoins, including XRP, Solana, Tron, Dogecoin and Cardano, posted gains ranging from 1.5% to 3%. Market analysts attributed the rally to renewed institutional participation, as major asset managers recorded net inflows of $91.5 million into Bitcoin funds and $35 million into Ethereum products.
Technical indicators pointed to consolidation in a high-liquidity band near $115,000. Riya Sehgal, a research analyst at Delta Exchange, noted that “liquidity zones around $115,500 and $117,000 suggest a potential upward target before any significant pullback.” Analysts also highlighted the importance of the $3,750–$3,800 range for Ethereum, which could dictate the next leg of the rally.
Experts cautioned that external macro factors, including trade tariffs and rate-cut expectations, could inject volatility. However, the return of net positive flows into ETFs and other regulated vehicles has been taken as a signal of growing confidence among institutional investors. Crypto funds registered $50 million of buying activity for the first time this week, according to CoinShares data.
Looking ahead, market watchers are focusing on upcoming U.S. inflation data and central bank commentary that could influence risk asset allocations. A sustained breach of resistance levels near $117,000 for Bitcoin and $3,800 for Ethereum may trigger a broader market breakout, with analysts revisiting price targets above mid-July highs.
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