Bitcoin broke through a critical resistance level today, surging past $95,000 as institutional investment continues to flow into cryptocurrency exchange-traded funds. The world’s largest cryptocurrency has gained over 8% in the past week.

The rally has been driven by record inflows into spot Bitcoin ETFs, with institutional investors showing renewed appetite for digital assets. Major financial firms have reported significant increases in cryptocurrency allocation within their portfolios.

Ethereum also joined the upward momentum, climbing 5% to reach $4,800. The broader cryptocurrency market capitalization has expanded by approximately $200 billion over the past seven days, according to data from CoinMarketCap.

Market analysts point to several factors behind the surge, including growing acceptance of cryptocurrencies as legitimate investment vehicles and concerns about traditional currency devaluation. Regulatory clarity in major markets has also contributed to investor confidence.

However, experts caution that cryptocurrency markets remain highly volatile. Traders are advised to exercise caution and maintain appropriate risk management strategies when participating in this emerging asset class.