Key Highlights:
- Bitcoin surged to $111,980, driven by U.S. institutional buying and the formation of a so-called “golden cross.”
- The U.S. now holds more BTC than any other country, including China.
- Analysts from CryptoQuant warn: historically, golden crosses are often followed by sharp corrections.
The U.S. Now Holds a Record Amount of Bitcoin
New data from CryptoQuant shows that U.S.-based institutions — including banks, funds, and exchanges — currently hold a larger share of BTC than the rest of the world combined.
This aggressive buying wave triggered a golden cross on the U.S. to Rest Reserve Ratio chart — a signal that often precedes a strong upward trend.
In the past, a golden cross has led to massive bull runs.
Optimism is further fueled by expected crypto-friendly regulations and large purchases from companies like MicroStrategy, Tesla, Semler Scientific, and others.
The U.S. currently holds a total of 207,189 BTC worth approximately $22.99 billion.
Political Winds Blow in Favor of Crypto
President Donald Trump recently expressed strong support for Bitcoin, stating that he wants the U.S. to lead in BTC mining and become the “crypto capital of the world.”
Combined with new Senate discussions around stablecoin regulation, the political climate in the U.S. is clearly pro-crypto.
Bullish Trend With Potential Risk
Despite the enthusiasm, CryptoQuant warns:
Previous instances where this indicator formed a “death cross” were followed by significant price declines.
So while the sentiment is euphoric now, history suggests caution.
China Remains in the Game
While the U.S. currently leads, China remains a major player through indirect channels — BTC miners and unofficial holdings. Despite restrictions, China still holds around 194,000 BTC, worth approximately $21.53 billion. Many of these holdings are hidden or routed through other jurisdictions.
The U.S. doesn’t want to fall behind — the race is now global.
Conclusion:
Bitcoin has broken the psychological barrier of $111,000, propelled into a new growth phase by institutional support from the U.S. But while optimism is justified, experience shows that every euphoria can be followed by a correction.
The U.S. and China are not only competing for political and economic dominance, but also for leadership in the world of cryptocurrencies. The U.S. currently leads this race, but China still holds strategic influence in mining and BTC reserves.
History is being written on the blockchain — and at this moment, it’s in the hands of institutions.
Frequently Asked Questions
Find answers to the most common questions below.
The rally was driven by strong institutional buying from U.S.-based entities and the formation of a bullish "golden cross" technical pattern.
A golden cross occurs when a short-term moving average crosses above a long-term one, often signaling a potential bullish trend.
U.S.-based institutions collectively hold approximately 207,189 BTC, worth nearly $22.99 billion.
Despite regulations, China still holds around 194,000 BTC and remains influential through indirect holdings and large-scale mining operations.
Yes. According to CryptoQuant, previous golden crosses were followed by corrections, especially when followed by a "death cross."
This article is for general informational purposes only and is not intended to be, and should not be construed as, legal or investment advice. Crypto-assets are highly volatile, so only invest funds that you are willing to lose and use your own research and risk management.
