Bitcoin News Update: Institutions Invest $314 Million in Bitcoin as Bull Market Targets $115,000

Bitcoin Targets $115,000 as Bullish Momentum Builds and RUL Drops Below 5%

Bitcoin (BTC) has climbed toward the $112,000 mark, with traders watching for a possible move above $115,000 as the bullish trend strengthens. This recent rally has been driven by increased institutional involvement, evolving regulations, and technical signals pointing to a robust bull market. At the same time, the "RUL" (Realized Unrealized Loss) indicator, which tracks the share of

held at a loss, has dipped under 5%, reflecting rising optimism among long-term investors, as highlighted in a .

The Federal Reserve’s latest statement about considering payment accounts for crypto businesses has further lifted market confidence, according to a

. If implemented, this could allow crypto firms to access the Fed’s payment network, potentially reinforcing Bitcoin’s position as a mainstream financial asset. Institutional engagement has also ramped up, with transferring 2,854 Bitcoin (valued at around $314 million) and 29,639 (ETH) to Prime in a single transaction, highlighting ongoing demand for regulated storage solutions, as reported by .

Key on-chain data continues to support Bitcoin’s price movement. The cryptocurrency has maintained levels above the crucial $110,000 support, and a push past $112,000 could clear the way to the next resistance at $115,800, according to CoinCentral. However, derivatives traders are bracing for volatility, with significant options selling between $109,000 and $115,000, indicating a defensive stance ahead of a possible breakout, based on an

.

The wider crypto sector has also seen notable activity. BitcoinOS, a DeFi platform, secured $10 million in investment led by Greenfield Capital to grow its institutional Bitcoin finance offerings, according to a

. Meanwhile, Ethereum’s treasury, SharpLink Gaming, made its first purchase in several weeks, buying 19,271 ETH at an average price of $3,892, bringing its total holdings to 859,853 ETH, Decrypt reported.

Market trends remain mixed. On October 23, Bitcoin ETFs attracted $20.3 million in new investments, led by BlackRock’s iShares Bitcoin Trust (IBIT), which saw $107.8 million in net inflows, according to CoinCentral. In contrast, Ethereum ETFs continued to see withdrawals, with $127.5 million in total redemptions. Analysts attribute this gap to Bitcoin’s stronger institutional backing and its leading role in the crypto market.

Despite the positive outlook, risks remain. If Bitcoin fails to stay above $110,000, it could fall back toward $105,000 or even $100,000, especially if economic or regulatory challenges arise, AmbCrypto cautions. Additionally, concerns about Colombia’s proposed permanent 19% VAT on gaming deposits have negatively impacted Rush Street Interactive (RSI), a crypto-exposed stock, causing its share price to drop 15%, according to an

.

Technical analysis points to a consolidation phase. Bitcoin’s RSI has moved up from oversold territory, and narrowing Bollinger Bands suggest reduced volatility ahead of a potential breakout, AmbCrypto observed. Open interest in Bitcoin futures remains high, indicating traders are maintaining positions but with caution, CoinCentral data indicates.

As the market adapts to these factors, the next move will depend on whether spot buying and ETF inflows can outweigh hedging and volatility. With RUL below 5% and institutional interest on the rise, Bitcoin’s push toward $115,000 is in focus for bullish investors—though the outcome may hinge on upcoming economic reports and regulatory decisions.