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Bitcoin climbs above $65K as ETF flows recover despite rising macro risks
Bitcoin (BTC) has climbed above $65,000 on Monday as improving onchain activity, recovering US spot Bitcoin exchange-traded fund (ETF) flows, and stabilizing derivatives point to a more balanced market, according to Glassnode. In a report on Monday, the firm stated that while the recent Bitcoin price rebound remains intact, declining spot volumes suggest investors are still waiting for stronger conviction before driving the next major move. Spot trading volumes fell below the lower statistical band of $4.5 billion, indicating that investors remain cautious. "This persistent lack of liquidity suggests a period of ... (full story)
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From fxleaders.com | 7 min ago
Bitcoin climbed to $65,500 Tuesday, a two-week high, because Asian semiconductor stocks bounced back. That’s it. That’s the whole move. Crypto rallied because chips rallied. When chips sell off, crypto sells off. It’s become that mechanical. Ethereum jumped to $1,922, up 8% on the week. XRP added another 3% to $1.13. Solana did 2% to $78. BNB held flat. The ...
From fxleaders.com | 23 hr ago
Bitcoin began the new week trading just below $64,000, staying above an important level of support despite increasing global market volatility. Although the long-term outlook remains positive due to increasing institution use and ETF demand, Increasing Treasury yields, a stronger dollar, and renewed geopolitical tensions are keeping upside constraints. ...
