Bitcoin’s Surge Toward $95K Signals Investor Confidence, Says Xapo Bank
Bitcoin’s climb back toward $95,000 this week isn’t just technical momentum—it’s a broader market signal.
According to Gadi Chait, head of investment at Xapo Bank, this rally highlights a renewed investor appetite. “It is a signal that investors are ready to spend again,” he told Fortune.
Chait attributes the bullish momentum to a convergence of key factors: strong institutional inflows via ETFs and aggressive bullish options activity.
Together, these elements are reinforcing Bitcoin’s trajectory, potentially setting it up to break the $100,000 mark in the near term.
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