Bitcoin Surges 11.3% as Institutional Support and Regulatory Clarity Boost Prices

Bitcoin (BTC/USD) is currently trading with a bullish bias near $94,667, marking an impressive 11.3% gain for the week. This surge in price is driven by growing institutional support and increasing regulatory clarity. The recent proposal by Nasdaq to the SEC suggests treating certain cryptocurrencies as securities while excluding Bitcoin from this framework. This move could accelerate broader institutional adoption of Bitcoin, as it clarifies the regulatory landscape and reinforces Bitcoin’s unique status as a non-security reserve asset.

This regulatory differentiation is seen as bullish for Bitcoin, as it creates a safer path for hedge funds, pension plans, and corporate treasuries to participate without fear of regulatory blowback. With Paul Atkins now chairing the SEC, policy shifts are unfolding quickly, which could further boost Bitcoin’s appeal to institutional investors.

Adding to the positive sentiment, Semler Scientific announced a fresh $10 million Bitcoin purchase, bringing its total holdings to over 3,300 BTC, valued near $300 million. The firm now reports a 23.5% year-to-date Bitcoin yield, fueled by rising BTC prices. Semler raised $125 million in stock and aims to secure $75 million through convertible notes—capital earmarked for Bitcoin accumulation. This move echoes MicroStrategy’s treasury strategy, signaling a broader trend of corporations using BTC as a hedge and long-term store of value.

While Bitcoin continues to enjoy regulatory momentum, legacy projects like Nike’s NFT arm RTFKT are facing legal headwinds. A new class-action lawsuit filed in Brooklyn claims Nike misled buyers of its now-defunct crypto collectibles. The suit seeks over $5 million in damages, citing deceptive practices and unclear securities status. Nike shut down RTFKT in late 2024, walking back its Web3 ambitions. The legal pressure only underscores how volatile and legally murky the altcoin and NFT space remains—especially compared to Bitcoin’s now more clearly defined regulatory position.

Technically, Bitcoin is trading around $94,360, just under key resistance at $94,750–$96,150. Price action shows stalling near the top of a rising channel. MACD momentum is weakening, and traders should watch closely for a break or breakdown. For now, patience is key. This is a textbook “squeeze at resistance” setup. Breakouts could run hot—but only if confirmed with volume and structure.

Investor participation in BTC Bull Token ($BTCBULL) continues to accelerate, with the Ethereum-based project approaching a key funding milestone. As of Friday, the presale has raised over $5 million. The token is currently priced at $0.00248, giving prospective buyers a narrow window to enter before the next price adjustment. What differentiates BTCBULL from typical meme assets is its utility-focused design. The project offers a staking mechanism that delivers a projected 83% annual yield, alongside Bitcoin-based distribution rewards. Importantly, stakers can access their tokens at any time—no fixed lockups or withdrawal delays. This structure appeals to both passive income seekers and users looking to capitalize on potential token appreciation—without sacrificing liquidity.

The presale is entering its final stretch before the token price increases. With less than $754,000 remaining until the next tier, current buyers are securing positions ahead of anticipated upward repricing. BTCBULL blends yield-generation with upside exposure, offering a unique entry point for those navigating the evolving meme token landscape. As the funding target nears completion, the next pricing phase may arrive sooner than expected.