Bitcoin at $97K as strategy invests $742M amid market jitters

February 15, 2025
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Bitcoin at $97K as strategy invests $742M amid market jitters

The cryptocurrency market remained volatile over the past week, with Bitcoin (BTC) stabilizing around the $97,000 mark amid institutional buying and broader economic concerns. 

According to CoinMarketCap, Bitcoin is currently priced at $97,450, reflecting a 0.55% gain in the past 24 hours. Ether (ETH) also saw a modest increase, rising 2.5% to $2,700, while the broader market, as measured by the MarketVector Digital Assets 100 Index (MVDA), was up 0.8%.

According to the report from CCData, the market faced turbulence earlier in the week following US President Donald Trump’s renewed tariff policies, which triggered trade war concerns and temporary market sell-offs. 

However, institutional investors capitalized on the dip, aggressively accumulating Bitcoin. Among the most notable buyers was Strategy (formerly MicroStrategy), which invested $742 million in Bitcoin. Other entities, including Metaplanet, KULR, and Remixpoint, followed suit, underscoring the growing corporate appetite for BTC as a reserve asset.

Despite regulatory advancements, macroeconomic uncertainty and higher-than-expected CPI figures have weighed on the broader crypto market. 

Last week’s massive liquidation event—one of the largest in crypto history—fueled further declines across altcoins. Memecoins and Layer 2 tokens saw the biggest losses, with WIF falling 44.16% and STRK dropping 34.23%. 

Layer 1s, DeFi, and staking projects also suffered double-digit declines, struggling to recover from the deleveraging event. However, RWA tokens and exchange tokens showed some resilience, with IXS surging 62.85% and LEO declining just 0.90%.

According to the report, Bitcoin has posted more positive daily returns than negative ones in 2025, suggesting market resilience despite volatility. 

Monday has seen the highest average gains of 1.55%, followed by Friday with 1.06%. In contrast, Sunday has recorded the biggest average loss at 1.32%, highlighting weekend volatility. 

Midweek price movements have remained relatively stable, with Wednesday and Thursday showing minimal gains of 0.12% and 0.11%, respectively. While macro factors like U.S. inflation reports, FOMC meetings, and political events influence price swings, their impact has been more muted in midweek trading.

With institutional accumulation on the rise, the crypto market appears poised for continued momentum. However, macroeconomic concerns, regulatory developments, and potential liquidations could still influence price action in the coming weeks. Bitcoin’s ability to hold above $97,000 amid these factors will be critical for sustaining its bullish outlook.

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