Institutional buying momentum strengthens···Strategy acquires an additional 10,624 Bitcoin

Source: DecenterKorea Original Title: “Institutional Buying Strengthens”···Strategy Buys Additional 10,624 Bitcoin [Decenter Market Watch] Original Link: https://www.decenter.kr/NewsView/2H1NVC4TBP/GZ03 ![][image]https://img-cdn.gateio.im/webp-social/moments-4c49c90c17-963a1fa8de-153d09-6d5686.webp(

As of 8 a.m. on the 9th, BTC on domestic exchanges recorded 135,302,000 KRW, up 0.01% from the previous day.

With Bitcoin)BTC( repeatedly retesting the $90,000 range, analysts say that strengthened buying momentum is extending the bullish cycle.

According to global cryptocurrency market data site CoinMarketCap as of 8 a.m. on the 9th, BTC was up 1.34% from the previous day at $90,849.32. Ethereum)ETH( was trading at $3,131.20, up 3.15%. XRP)XRP( rose 2.33% to $2.079. BNB)BNB( was up 1.01% at $899.47, and Solana)SOL( increased 1.72% to $133.57.

The domestic market is mixed. At the same time, BTC on domestic exchanges was 135,302,000 KRW, up 0.01% from the previous day. ETH rose 0.17% to 4,667,000 KRW, XRP fell 0.29% to 3,096 KRW, and SOL dropped 2.64% to 198,900 KRW.

Matthew Sigel, Head of Digital Asset Research at VanEck, said on the 8th)local time( that US asset manager Bernstein analyzed, “The BTC cycle has shifted from the traditional 4-year pattern)forming a peak every 4 years( to a prolonged bullish cycle,” adding, “Institutional steady buying is offsetting individual panic selling.”

Bernstein’s assessment aligns with recent comments from Larry Fink, Chairman and CEO)CEO( of BlackRock. Fink said that sovereign wealth funds are “gradually buying BTC,” explaining that this trend emerged after BTC fell from its $126,000 peak. He added, “BTC is not for short-term trading but a long-term holding asset, and volatility is inevitable due to high leverage in the market.”

Amid this institutional buying trend, Strategy additionally purchased 10,624 BTC)about $962.7 million( on the 8th)local time(. The average purchase price per BTC was $90,615. Andrei Dragos, Head of Research Europe at Bitwise, said this purchase is “the largest since July 2025.”

The Fear & Greed Index from crypto data analysis firm Alternative.me remains at 20 points, unchanged from the previous day, indicating ‘Extreme Fear.’ The closer the index is to 0, the more investor sentiment is contracted, while a value closer to 100 indicates a market overheating.

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