Here’s Why Bitcoin Pumped to $94,000 Today

Bitcoin surges to $94,000 as asset manager Vanguard lifts crypto ban and the US Fed ends its three-year-long QT program, injecting $13.5 billion into banks.
Senior Editor
BTC

Key Points

Bitcoin rebounds to $94,000 amidsts renewed investor interest
Bitcoin now ranks 8th among top global assets by market cap
market experts including Tom Lee and Arthur Hayes believes Bitcoin is still on track for a bullish surge to a new ATH

Bitcoin is back in the green zone, after a shaky few weeks, as improving macroeconomic conditions, stronger liquidity flows, and renewed institutional demand breathe life back into the market. With investors regaining confidence and risk appetite returning, BTC is benefiting from a combination of fresh buying pressure, expectations of rate cuts, and a growing conviction that the recent dip has offered an attractive entry point.

What’s Fueling Bitcoin’s Latest Surge

According to coin aggregator CoinGecko, Bitcoin earlier today surged close to the $94,000 mark, rebounding from its recent crash below $84,000, signaling an over 12% increase in price. In addition, the uptrend propelled the premier cryptocurrency into the top 8 global assets by market capitalization. 

Interestingly, the price surge followed the US Fed’s announcement of the end of its quantitative tightening (QT) program, hinting at a softer monetary policy that rekindled risk-taking across global markets. The US Fed also injected $13.5 billion into its banking system, making the market highly liquid. 

Further, Bitcoin’s tighter correlation with traditional markets is also playing a role. According to Bloomberg ETF analyst Eric Balchunas, BTC surged by 6% after asset manager Vanguard lifted its crypto ban, allowing its users to trade Bitcoin ETF products. Balchunas highlighted that BlackRock’s IBIT volume increased by $1 billion in just 30 minutes. Thus, this confirms that the asset is no longer moving in isolation; it’s increasingly intertwined with global market sentiment.

In addition, beyond the macro effects, positive headlines about ETF inflows, institutional buying, and market recovery are lifting trader confidence. Rising prices attract more buyers, and that feedback loop is helping the BTC pump gather strength.

Bitcoin Price Outlook

Amid Bitcoin’s recent price surge, market experts remain divided over what comes next for the premier cryptocurrency, with some making bold bullish predictions and others calling for further corrections.  

Bimine CEO Tom Lee is one of the market experts bullish on BTC, projecting that the token still has a clear path to $100,000 in the near term. He also argues that improving U.S. liquidity, stabilizing macro conditions, and consistent ETF demand could push Bitcoin into six-figure territory sooner than many expect.

Another market expert who shares the same sentiment with Tom is BitMEX co-founder Arthur Hayes, who recently reiterated that Bitcoin could reach $200,000–$250,000 by late 2025 if liquidity expands as he expects. In some of his more extreme projections, Hayes has even floated the idea that Bitcoin could reach $500,000, arguing that monetary easing and global debt pressure could accelerate capital migration into volatile assets, such as BTC.

However, others, like Bloomberg’s Mike McGlone, believe BTC could retrace back to the $50,000 level by 2026, pinning his predictions on tightening macroeconomic conditions. 

Disclaimer: CoinRemark is an independent digital magazine focused on delivering timely news, analysis, and opinion about the cryptocurrency and blockchain industry. While CoinRemark may collaborate with partners or feature sponsored content, our editorial team maintains full independence in reporting and analysis. Any sponsored articles or press releases will always be clearly labeled as such.

© 2025 CoinRemark. All Rights Reserved. The content provided is for informational purposes only and should not be construed as legal, tax, investment, financial, or professional advice. Readers are encouraged to conduct their own research before making any decisions related to cryptocurrency or digital assets.

Evans Kelvin

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