The price of Bitcoin has surged by more than double digits over the past week, marking one of its best performances in 2025. After struggling below the $87,000 mark for two months, the flagship cryptocurrency has finally reclaimed its position above $90,000.
While the implications of this recent price surge remain uncertain, the latest on-chain data indicates a shift in investor sentiment towards positivity, suggesting that the Bitcoin bull run may be making a comeback.
âETF Printer Goes Brrrâ â Insights from Crypto Analysts
In a post on the X platform dated April 25, crypto analyst Maartunn shared insights regarding the recent price rally of Bitcoin. He noted that the increasing interest from exchange-traded fund (ETF) investors has likely contributed to the bullish momentum.
A key indicator to watch is the Coinbase Premium Gap, which measures the price difference between Bitcoin on US-based Coinbase Pro and the global Binance exchange. A positive gap suggests that Bitcoin is trading at a higher price on Coinbase compared to Binance, indicating aggressive purchases from US investors, particularly through ETF issuers that rely on Coinbase for liquidity.
According to CryptoQuant, this gap's 30-hour moving average has remained positive for over 265 hours (approximately 11 days). This streak is significant as it represents the fifth-longest duration since spot Bitcoin ETFs began trading in January 2024. Historically, a consistently positive Coinbase Premium Gap indicates that US institutional investors are willing to pay above-market prices for Bitcoin, especially through regulated channels like ETFs and custodial platforms.
This sustained positive trend is often correlated with positive price actions and accumulation phases for Bitcoin. Therefore, the recent spike in the Coinbase Premium Gap may be a vital indicator for maintaining Bitcoin's newfound bullish momentum and could potentially trigger the next significant breakout.
Bitcoin Price Overview
As it stands, Bitcoin's price has climbed above $95,000 for the first time since February, reflecting a 2% increase in the last 24 hours. Data from CoinGecko shows that the premier cryptocurrency has experienced a surge of over 13% in the past week.
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