Bitcoin Surges 13% In Week, Breaches $95,000

The price of Bitcoin has surged by more than double digits over the past week, marking one of its strongest performances in 2025. After lingering below $87,000 for the past two months, the leading cryptocurrency has finally breached the $90,000 level.

It is uncertain whether the recent surge in BTC prices signals a continuation of the bull cycle. However, the latest on-chain data suggests that investor sentiment may be turning positive again, indicating that the Bitcoin bull run could be resuming.

In an April 25 post on the X platform, a crypto analyst using the pseudonym Maartunn shared insights into the recent price rally of the world’s largest cryptocurrency. According to the analyst, the growing interest of exchange-traded fund (ETF) investors in recent days may have contributed to the bullish momentum of Bitcoin.

The relevant indicator here is the Coinbase Premium Gap, which measures the difference between the Bitcoin price on US-based Coinbase Pro (USD pair) and the global Binance exchange (USDT pair). A positive difference indicates that BTC is trading at a higher price on Coinbase than on Binance.

Typically, a positive Coinbase Premium Gap suggests that US-based investors are aggressively purchasing Bitcoin, particularly through ETF issuers that use Coinbase as a liquidity provider. According to data from CryptoQuant, this metric’s 30-hour moving average has remained positive for over 265 consecutive hours (approximately 11 days).

Maartunn noted that this is the fifth-longest streak since spot Bitcoin exchange-traded funds began trading in January 2024. A consistently positive Coinbase Premium Gap historically suggests that US institutional players and large investors are willing to pay above-market prices for Bitcoin, specifically through regulated channels like ETFs or custodial platforms.

This prolonged positive streak is historically correlated with positive price action and accumulation phases for the flagship cryptocurrency. Therefore, the latest spike in the Coinbase Premium Gap could provide the necessary conditions to sustain Bitcoin’s newly-found bullish momentum and potentially catalyze the next significant breakout.

The price of Bitcoin has climbed above $95,000 for the first time since February, reflecting a 2% increase in the past 24 hours. The premier cryptocurrency has surged by more than 13% in the past seven days.