Bitcoin Price Surges to $88,000 as Institutional Demand and Gold Rally Fuel Momentum
Bitcoin Magazine Bitcoin Price Surges to $88,000 as Institutional Demand and Gold Rally Fuel Momentum Bitcoin climbs 4.42% to reach $88,300, outpacing the Nasdaq and hitting new highs alongside gold. Major corporate purchases from Strategy and Metaplanet signal sustained demand. This post Bitcoin Price Surges to $88,000 as Institutional Demand and Gold Rally Fuel Momentum first appeared on Bitcoin Magazine and is written by Nik.
Bitcoin Magazine
Bitcoin Price Surges to $88,000 as Institutional Demand and Gold Rally Fuel Momentum
Bitcoin’s price continued its upward trajectory today, rising $3,735 (4.42%), at the time of writing, to reach $88,300, seemingly driven by strong institutional buying and renewed momentum in alternative assets. The surge comes as gold breaks above $3,400 per ounce for the first time, currently trading at $3,431.10, underscoring a broader trend of investors seeking safe-haven assets.
