Bitcoin Surges 100% to $111,980 as U.S. Institutional Investors Drive Rally

Bitcoin has recently surpassed a historic milestone, briefly touching $111,980, marking a significant surge in its value. This rally is notably driven by strong capital inflows, particularly from institutional investors in the United States. U.S.-based entities, including banks, exchanges, and funds, are now holding a larger portion of Bitcoin than the rest of the world, according to recent data from an on-chain analytical platform. This strong buying activity has triggered a bullish chart pattern known as a golden cross on the U.S. to Rest Reserve Ratio chart, which often signals a potential price surge. In the past, this type of signal has marked the beginning of major uptrends, and it is happening again, contributing to the recent price jump. This shift is fueled by optimism over new U.S. crypto laws and growing interest from major names like Michael Saylor’s MicroStrategy, Tesla, Semler Scientific, and many more. The U.S. currently holds overall 207,189 BTC worth around $22.99 billion.

Political support for crypto in the U.S. is also growing. President Donald Trump has recently voiced strong support for crypto, even saying he wants the U.S. to lead Bitcoin mining and become the “crypto capital of the world.” Combined with new Senate talks around stablecoin laws, the U.S. is pushing hard to attract crypto innovation. However, while things look good now, history suggests caution. The last two times this ratio formed a “death cross,” when the short-term trend drops below the long-term, Bitcoin took a hit shortly after. So while it’s a party now, history says to keep an eye out.

Despite the U.S. leading the race, China quietly remains one of the biggest holders and miners of Bitcoin through indirect channels. While much of the trading is hidden or rerouted, China’s grip on mining and holding power is real, and the U.S. doesn’t want to be left behind. Although China currently holds overall 194,000 BTC, worth around $21.53 billion. This global race for control highlights the increasing importance of Bitcoin in the financial landscape, with both the U.S. and China vying for dominance in the crypto space. The current rally is expected to extend to $115K-$120K, according to analysts' forecasts. The low retail interest may be contributing to the rally’s stability, creating a clear runway for institutional capital to lead the charge. This sustained institutional interest and the maturing regulatory environment are key factors driving Bitcoin’s rise as a legitimate store of value. The transparency and growing mainstream recognition of Bitcoin as a globally held asset further reinforce its position as the bellwether of the virtual digital assets revolution.