最新报道:Bitcoin's price dynamics are driven by Asian retail traders sparking initial moves, while U.S. institutions determine long-term momentum. The Korea Premium Index indicates Asian demand, with spikes above +5% signaling overheating. Coinbase Prime outflows reveal strong U.S. institutional accumulation, supporting sustained rallies. U.S. spot Bitcoin ETFs attracted $118 billion in Q3 2025, holding 1.29 million BTC. Hong Kong launched its own ETFs, though volumes remain modest. Bitcoin, trading near $110,871, is projected to reach $200,000 by 2025 as a dominant inflation hedge.