- U.S. investors reengage with Bitcoin, influenced by positive Coinbase Premium Index readings, signaling bullish sentiment.
- Profit-taking observed as aSOPR exceeds 1.11, suggesting some investors are selling Bitcoin at a profit.
Bitcoin has remained above the $100,000 mark since crossing that threshold on January 17, recording a 24-hour gain of 2.14%. This upward movement reflects steady demand, as traders continue to purchase BTC at current price levels.Â
Following ETHNews reports, one key factor supporting this momentum is the renewed interest from U.S. investors, who had previously reduced their exposure to the asset during a period of market caution.
Recent data analysis by ETHNews, suggests that buyers in the United States have started accumulating BTC again, as observed through metrics such as the Coinbase Premium Index. This indicator measures the difference between Bitcoin’s price on Coinbase and its price on Binance.Â

When the index remains in positive territory, it generally implies bullish sentiment among U.S. traders. At present, the index hovers above zero but has not surged far, indicating a balanced but optimistic stance.
Meanwhile, some investors are choosing to lock in profits at these price levels. The Adjusted Spent Output Profit Ratio (aSOPR), which assesses whether Bitcoin holders are selling at a profit or loss, stands at 1.11. A reading above 1 points to holders realizing gains.

This profit-taking may apply short-term pressure on BTC’s potential to move quickly beyond its current range. However, observers note that the overall market attitude remains positive.
Additional support comes from derivatives markets, as evidenced by the Taker Buy-Sell Ratio of 1.021. This ratio compares the volume of buy orders to sell orders being executed.
A value above 1 indicates more buy orders are getting filled, reinforcing the idea that bullish sentiment dominates. If the ratio rises further, it may boost buying pressure and pave the way for future gains. If it falls below 1, it might signal a shift toward selling.
An external element that has contributed to broader market optimism is the executive order signed by President Donald Trump. This directive establishes a comprehensive framework intended to guide the crypto sector in the United States.

Bitcoin (BTC) is currently trading at $104,988.21 USD, reflecting a modest increase of 0.53% over the past 24 hours. With a market capitalization of $2.09 trillion USD, Bitcoin maintains its position as the leading cryptocurrency by market value.
Over the past day, trading volume reached approximately $93.22 billion USD, indicating strong investor interest and robust market activity. Bitcoin’s circulating supply remains at 19.81 million BTC, edging closer to its fixed maximum supply of 21 million, which reinforces its scarcity-driven value.