$BTC Hits $108K – Institutions Are Buying Big
#Bitcoin has officially crossed the $108,000 mark, extending its bullish run as institutional appetite grows. Leading the charge, Fidelity has just acquired 220.79 BTC, a purchase worth $23.5 million, signaling continued confidence in BTC as a long-term asset.
This surge isn’t happening in isolation—ETF inflows remain strong, and other key players like BlackRock and ARK Invest are steadily accumulating. On-chain data shows increasing wallet activity and declining exchange reserves, both bullish indicators.
As Bitcoin reclaims price discovery territory, eyes are now on potential targets at $115K and beyond. The question is no longer if, but how high.
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