币界网报道：Bitcoin prices surged as institutional demand for the cryptocurrency has reportedly surpassed the daily output from mining activities. Analysts note that large-scale investors, including hedge funds and corporate treasuries, are accumulating BTC at a pace that exceeds the roughly 900 new coins mined daily. This supply-demand imbalance is contributing to upward price pressure, with Bitcoin recently breaking key resistance levels. Market observers highlight growing institutional adoption through vehicles like ETFs and over-the-counter trading desks as a major driver. Some experts warn that if this trend continues, it could lead to increased volatility as available liquid supply tightens further. The situation reflects a broader shift in Bitcoin's market dynamics, where institutional players are playing an increasingly dominant role.