Bitcoin Price Surges Over $102,000, Reaching Its Highest Level Since February, Reportedly Due to Strong Investment Capital Inflow from Institutions.
Bitcoin price exceeded $102,800 on Thursday (8/5), reaching its highest level since February 3, 2025. Analysts note that this strong price increase primarily comes from the increasingly evident wave of institutional investor participation, marking an important step in the maturation of this digital asset.
"Institutions have truly entered the market," is a widely circulated observation as large companies and ETF funds continue to purchase BTC from the market. According to the analysis team at Bitfinex, capital inflow into spot ETF funds remains stable, especially during US trading hours, while Bitcoin volume on exchanges continues to decrease.
Healthy Market Signals
"High open interest but not overly speculative; funding costs are at a neutral level – which indicates genuine demand, not leverage effect," Bitfinex researchers shared. "This is not a fleeting price surge, but a trend with solid foundational support."
Mike Cahill, CEO of Douro Labs – the key entity behind the Pyth oracle network – believes Bitcoin crossing $100,000 marks a comprehensive perception "reset". According to him, this milestone has consolidated BTC's position as a macro asset in institutional portfolios.
"We are witnessing capital being coordinated from ETF funds, national investment funds, and asset managers, who increasingly view Bitcoin as a policy risk hedge and a long-term growth vehicle," Cahill explained. "The current price movement is just 'catching up' with what smart investors have been preparing for over the past year."
Joe Burnett, Market Research Director at Unchained, points out that the recent collaboration announcement between Strive Asset Management and Asset Entities (Nasdaq: ASST) may have helped trigger the upward trend. Since Strive's announcement, ASST's stock has increased by over 700%, indicating growing excitement around the "company holding Bitcoin in treasury" model.
"This is a powerful capital allocation model in a context where fiat currency is losing value," Burnett noted.
Bitcoin Market Maturity
Dave Sedacca, Financial Director at Parity Technologies, further explained Bitcoin's increasing attractiveness to institutional investors: "Investors hate uncertainty, but conversely, clarity creates trust. When combined with BTC recently outperforming gold, it becomes increasingly attractive to institutional investors."
Doug Colkitt, founder of the Fogo project, emphasized the sustainability of this price increase compared to previous cycles: "This $100,000 milestone doesn't come from an inflation effect, but from market structure. We are witnessing genuine institutional demand meeting a mature infrastructure ecosystem – including highly liquid exchanges, transparent custody services, and effective payment mechanisms."
Bitfinex experts forecast: "As long as ETF and institutional capital continues, and the macro environment doesn't fluctuate too dramatically, price corrections will be short and quickly bought up. The path of least resistance remains upward."
The $102,800 price level marks an important step in Bitcoin's journey, from an alternative and speculative asset to the status of a macro asset recognized and actively participated in by major financial institutions.
