Institutions pour $700M into bitcoin funds, signaling strong demand and potential price rise above $82K.

Institutional investors invested $858 million into crypto funds last week, with over $700 million flowing into bitcoin products alone, marking the strongest weekly inflow since late April. This surge reflects growing confidence in bitcoin, especially as it nears a key resistance level at $82,000, which could trigger a further price increase if surpassed. Analysts see support around $80,400 and expect a significant move once bitcoin closes above its 200-day moving average. Meanwhile, altcoins like SUI and XDC also gained, with ether showing signs of an impending large directional move after a period of low volatility.