Bitcoin Breaks $92K as Institutional Inflows Accelerate

Sat, 09 May 2026 00:00:00 +0000

Bitcoin surged past $92,000 on Friday for the first time since February, capping a three-week rally driven by record inflows into cryptocurrency exchange-traded funds and renewed appetite from institutional investors.

The world’s largest digital asset hit an intraday high of $92,340 on Coinbase before settling near $91,800, representing a 14% gain over the past seven trading sessions. Ethereum also climbed, rising 8% to $4,650.

Spot Bitcoin ETFs recorded $1.2 billion in net inflows this week alone, according to data from Farside Investors — the strongest weekly showing since the products launched in early 2024. BlackRock’s IBIT fund led the pack, attracting nearly $600 million.

CryptoQuant says bitcoin profit-taking could increase further amid ‘bear market rally’

Fri, 08 May 2026 20:44:35 +0000

Originally published by The Block

Bitcoin holders are increasingly taking profits after the rally, though a correction may still take time to materialize, CryptoQuant said.

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Bitcoin Breaks $92K as Institutional Inflows Accelerate

CryptoQuant says bitcoin profit-taking could increase further amid ‘bear market rally’