Bitcoin Surges to $84,400 After $1.92B Strategy Acquisition

Ending a four-day downturn, BTC posted a daily gain of nearly 3%, climbing back to $84,400. The rally follows an announcement from Strategy, which disclosed a new Bitcoin acquisition worth roughly $1.92 billion, reinforcing investor confidence. 

While retail momentum stirs, larger market participants are holding their positions steady—cautiously awaiting Donald Trump’s highly anticipated tariff announcement set for tomorrow.

• The Fear and Greed Index remains locked at 24, within the fear territory. Despite Bitcoin’s recent bounce, the sentiment gauge has not followed suit—underscoring broader market hesitation. Analysts suggest this may signal retail capitulation, often a precursor to trend reversal.
• The Altseason Index remains flat at 17, indicating we’re still in a Bitcoin-led market.
• BTC dominance has hovered between 60% and 62% for weeks, reflecting a hesitant yet consistent capital structure.

Institutional Players Move with Caution

As expected, U.S. spot Bitcoin ETF data for March 31, 2025, reflected net outflows of $60.6 million—signaling a cautious stance among institutional investors.

Yet, when compared with prior pullbacks where daily exits breached $300 million, the current retreat looks modest. After a week of solid inflows, such a move may simply reflect profit-taking or portfolio rebalancing.

In contrast, Ethereum ETFs recorded a $11.1 million net inflow across the last two trading days, pointing to a subtle shift in market preference.

A Calm in the Selling Storm

The tide appears to be turning. Axel Adler Jr., analyst at CryptoQuant, reports that daily BTC sell volume on leading exchanges has tumbled from 81,000 to 29,000 coins—marking one of the lowest figures ever recorded.

In his view, the market is entering an “asymmetric demand zone,” where sellers retreat and buyers quietly hold the line. Adler expects this subtle consolidation to last through late spring.

Could Bitcoin Replace the Dollar?

The head of BlackRock, Larry Fink, has issued a stark message: unless the U.S. addresses its spiraling $36.2 trillion debt, the dollar’s reign as global reserve currency could come to an end—with Bitcoin emerging as its digital successor.

Fink framed decentralization as a revolutionary advance—one that can slash costs and increase transparency across markets, but also erode U.S. dominance if strategic steps aren’t taken.

Check this out: BlackRock Launches Its First Bitcoin ETP in Europe

He also stressed the urgent need for tokenization, which he sees as critical to modernizing a fragmented financial system. Today, billions in capital are stalled by outdated infrastructure and inefficiencies—lost opportunities in a world that can’t afford delay.

Every stock, every bond, every fund—every asset—can be tokenized. If they are, it will revolutionize investing. Markets wouldn't need to close. Transactions that currently take days would clear in seconds,

reads Fink’s report.

While the market remains in a sideways consolidation pattern, underlying investor sentiment toward Bitcoin stays decidedly bullish on a longer horizon.

Nonetheless, external pressures persist. Macroeconomic uncertainties and growing geopolitical risks, particularly surrounding Trump’s protectionist trade policies, continue to weigh on broader market dynamics.