Bitcoin Price Crosses ₹1 Crore Again – What’s Driving the Surge and What’s Next?

Synopsis– Bitcoin soared above ₹1.06 crore early Monday, reaching within 1% of its historic all-time high of ₹1.07 crore. This explosive move followed a bold pro-crypto executive order from the White House and several robust days of spot Bitcoin ETF inflows last week.

Experts observe that after weeks of trading between ₹1.01 and ₹1.05 crore, Bitcoin finally broke free from its tight range and rewarded patient investors. Henrik Andersson, chief investment officer at Apollo Crypto, predicted such an outcome. “It was just a matter of time before Bitcoin would break up,” he explained, citing the stream of positive developments.

Traders have not seen just positive ETF flows. Big treasury firms are purchasing more Bitcoin, and institutional buying is driving momentum. As a result, Bitcoin quickly jumped 3.3% hitting ₹1.069 in the early hours and pushing close to record levels. Even more, there are signals that the White House order may open up to $9 trillion in new funds for Bitcoin and cryptocurrencies. If U.S. retirement plans are allowed to include Bitcoin, industry observers expect a wave of new demand.

Institutional Investors and Market Psychology

Recent data supplied by Farside Investors reinforce the bullish mood. ETF issuers collectively acquired ₹6,769 crore worth of Bitcoin over just three trading days to close out the previous week. Michael Saylor, known for his company’s huge Bitcoin holdings, hinted at further purchases, boosting sentiment even more.

Bitcoin’s social market mood, as measured by the Crypto Fear & Greed Index, sits firmly in the “Greed” zone at 70 out of 100, but not at overheated extremes. This steady optimism suggests the rally still has fuel, as retail and institutional buyers are not yet overcrowding the market.

Google search interest for “Bitcoin” has only risen slightly in the last week, reaching 48 out of 100 compared to its biggest peak in twelve months. The last major surge happened after the previous U.S. election win for Trump, which had set the stage for today’s regulatory tailwinds.

Massive Crypto Market Gains

Bitcoin’s recent run has reignited other leading cryptocurrencies. Ether (ETH), for example, surged to ₹3.76 lakh, a 1.8% jump over the last 24 hours. It has nearly tripled since April, tracking Bitcoin’s monumental leap. Together, Bitcoin and Ether have powered the entire crypto market to a record $4.14 trillion market cap. The strength of these two leaders not only signals a broad-based rally but also underlines the growing acceptance and integration of digital assets in mainstream finance.

Open interest in Bitcoin derivatives markets has climbed as well, rising by 7,834 BTC. This rise in leveraged long bets shows that more traders are betting on additional gains. Market sentiment remains buoyant, but not excessively so a factor that bodes well for continued growth.

Key Inflation Data

While prices approach the all-time high, all eyes now shift to major U.S. inflation data due out Tuesday. Analysts expect the Consumer Price Index will show an annual inflation rate of 2.8%, up from June’s 2.7%. If inflation cools, hopes will grow that the Federal Reserve might lower rates in September, giving more tailwind to all risk assets including Bitcoin. Conversely, a surprise to the upside could jolt markets, as some traders have positioned with protective put options just in case.

Market experts say the next few days could be pivotal. Bitcoin has rebounded 4.5% since Saturday, reversing last week’s losses and positioning itself near the mid-July record high. So far in 2025, it is up about 25%, only slightly behind gold’s gains for the year. ETF inflows, regulatory progress, and an improving macro outlook are all converging to support prices at these heights.

In summary, Bitcoin’s move toward a new all-time high is more than a moment of technical triumph. It is a reflection of far-reaching policy changes, institutional conviction, and the growing role of cryptocurrencies in the global economy. As the inflation data nears, traders and investors know that any result could spark wild moves but for now, Bitcoin stands just one step from record-breaking territory.

Written By Fazal Ul Vahab C H

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