Bitcoin has recently traded above $81,000, reaching a price of $81,422, signaling a positive shift in market sentiment largely driven by strong institutional demand. In the past 24 hours, Bitcoin saw a 0.7% increase, while Ethereum decreased by 0.4%, trading at $2,370. Despite this surge, experts, including Riya Sehgal from Delta Exchange, caution that the market is not yet in a clear breakout phase. A sustained daily close above the $81,000 mark could potentially lead to further gains, with projections suggesting a rise towards $96,000 if institutional absorption continues to outpace daily mined supply. However, there is also notable profit-taking occurring, with 14.6K Bitcoin realized in profits recently, indicating that while demand remains strong, intermittent supply from profit-locking investors may hinder the rally. The global cryptocurrency market capitalization has increased by 1%, reaching $2.7 trillion. Overall, Bitcoin continues to attract significant spot inflows, contributing to its dominance in the market, even as broader participation remains limited.