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Bitcoin's Stability Amid Institutional Buying

Despite a slight decline of over 3% in the past week, Bitcoin's price remained relatively stable on Monday. This subdued price action has not deterred institutional investors. Eric Trump, a strategic advisor to Metaplanet, expressed his confidence during the 2025 Hong Kong Bitcoin Asia conference, stating,
I've always said that I really believe in the next several years, bitcoin hits a million dollars.
As Bitcoin dipped below $109K on Labor Day, Metaplanet seized the opportunity to purchase 1,009 BTC, increasing their total holdings to 20,000 BTC.

The recent reduction in Bitcoin's volatility is attributed to the influx of institutional investors like Metaplanet. These investors tend to buy during price declines rather than selling, which helps stabilize the market. While Bitcoin's price was mostly flat on Monday, down 2-3% for the week, retail investors seemed more pessimistic. In contrast, institutional players are not only buying the dip but are also raising billions to acquire more cryptocurrency in the future.

At the time of writing, Bitcoin was trading at $109,236.39, showing a slight daily increase of 0.24% but a weekly decrease of 2.02%. The cryptocurrency's price fluctuated between $107,271.18 and $109,890.58 over the past 24 hours. Trading volume rose by 32.94% to $62.28 billion despite the Labor Day holiday, and market capitalization increased slightly by 0.21% to $2.17 trillion. Bitcoin dominance also rose by 0.67% to reach 58.49%.

Total Bitcoin futures open interest remained mostly stable at $80.33 billion over 24 hours, with a small increase of 0.39%. Bitcoin liquidations totaled $58.95 million for the day, comprising $36.20 million in long liquidations and $22.75 million in shorts.