Bitcoin Holds Above $80,000 Amid Institutional Demand

Bitcoin has maintained a value of over $80,000 despite market fluctuations, driven by significant institutional demand. The cumulative net inflows into spot Bitcoin ETFs have reached $58.72 billion since January 2024, with total net assets exceeding $103 billion.

This increased demand is removing BTC from exchange supply and tightening available tokens for trading, which can lead to higher prices when fresh demand picks up. As a result, altcoins and presale tokens with upcoming listings are benefiting directly from this institutional wave.