
Bitcoin's price has reached an intraday high of $79,490, drawing closer to the key $80,000 threshold, driven by a resurgence in institutional investment. Exchange-traded funds (ETFs) for Bitcoin attracted approximately $2.44 billion in inflows in April, highlighting renewed interest from institutional buyers who also purchased $1.2 billion in crypto assets in March. As a result, Bitcoin's dominance among cryptocurrencies has increased to 59.2%, solidifying its status as the preferred asset among 70% of crypto participants, despite some investors expressing cautious sentiment regarding future price trends.