Bitcoin Rebounds From ETF Cost Basis Support as Institutional Demand Tightens the Floor Bitcoin started the week with a decent bounce, climbing nearly 2% after finding support around the average price paid by early spot Bitcoin ETF buyers. That matters because it suggests institutional money may be defending a key level, and that this cycle […]
Read Full Article
US spot Bitcoin ETFs have logged eight straight days of net inflows totaling $2.1 billion, and BlackRock’s IBIT has hoovered up about three-quarters of that money. Bitcoin responded the way a scarce asset tends to respond when giant buyers show up with a checkbook: it climbed from roughly $68,000 to $77,000 while the ETF bid […]
Read Full Article
Bitcoin is holding just below the $80,000 line after eight straight days of spot ETF inflows, a sharp shift in market sentiment, and another reminder that crypto loves to tempt traders with a breakout before testing their nerves. BTC near $80K: trading around $77,752 after touching $78.7K ETF demand: eight-day streak of spot Bitcoin ETF […]
Read Full Article