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Bitcoin Updates: Institutional Activity and Altcoin Rally Indicate the Next Expansion Phase for Cryptocurrency

Bitcoin Updates: Institutional Activity and Altcoin Rally Indicate the Next Expansion Phase for Cryptocurrency

Bitget-RWA2025/11/04 10:08
By:Bitget-RWA

- Bitcoin rebounded to $110,183 on October 31, 2025, amid Fed rate cuts and geopolitical risks, testing key support at $109,000. - Prenetics boosted Bitcoin holdings to 378 BTC ($41M) via a $44M equity raise, aligning with strategic growth in its supplement business. - Altcoins like Noomez ($NNZ) and Remittix (RTX) gained traction with deflationary models and real-world crypto-to-bank transfer solutions. - 2025 price forecasts range $110,532–$144,959, driven by ETF inflows and institutional adoption, thoug

The latest movements in Bitcoin's price have ignited discussions about whether the current cycle has reached its top, as institutional activity and shifting market conditions influence the conversation. On October 31, 2025,

(BTC) rose by 0.54% to $110,183.99, recovering from a 3.42% decline over the previous week amid Federal Reserve rate reductions and ongoing geopolitical tensions, according to a . This strength was further supported by Prenetics, a health science company, which purchased $11 million worth of Bitcoin, bringing its total holdings to 378 (valued at $41 million) after raising $44 million through equity. CEO Danny Yeung described the acquisition as a deliberate effort to build up Bitcoin reserves while expanding Prenetics' IM8 supplement line, which has reached $100 million in annual recurring revenue, .

Across the broader market, investors remain cautious, with Bitcoin hovering near $109,000—a historically significant support level, as highlighted in the Bitget report. Experts suggest that holding this level could pave the way for further upward movement, while a drop below may lead to a period of consolidation. Technical analysis points to increasing resilience for Bitcoin, with its 0.85 cost-basis band around $109,000 indicating a possible turning point, according to Bitget. At the same time, institutional trust in Bitcoin as a strategic holding continues to grow, with Prenetics joining a rising number of companies investing in digital assets.

Bitcoin Updates: Institutional Activity and Altcoin Rally Indicate the Next Expansion Phase for Cryptocurrency image 0

Forecasts for Bitcoin's 2025 price remain cautiously optimistic. Projections suggest an average price of $125,727, with estimates ranging from $110,532 to $144,959, influenced by ETF investments, post-halving supply limitations, and greater institutional participation, according to a

. Looking further out, predictions for 2030 range between $244,000 and $272,000, while models for 2040 point to an average of $1.08 million, assuming continued adoption and stable macroeconomic conditions. Nevertheless, ETF flows have shown volatility, with $488.43 million in outflows on October 30, 2025, mainly from BlackRock's IBIT ETF, .

and are also drawing attention, with Solana ETFs experiencing inflows even as prices struggle near $180, .

The market's cautious optimism is reflected in Steak 'n Shake's adoption of Bitcoin payments, offering 210 sats per meal, and France's initiative to allocate 2% of its reserves to Bitcoin,

. However, obstacles remain, such as delays in the supply chain for U.S. military equipment shipments to Taiwan involving RTX and Lockheed Martin, .

As the digital asset sector continues to develop, Bitcoin's function as both a macroeconomic hedge and an institutional asset is becoming more defined. While it is still unclear if the current cycle has reached its peak, the combination of corporate treasury strategies, ETF trends, and new projects points to a market ready for its next stage of expansion.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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