๐๏ธ POLICY:
Sticky inflation is keeping the pressure on risk markets, with 54% of PCE components still rising above the 3% level.
That puts tighter monetary policy back into focus just as Bitcoin fights to reclaim $80K.
The bullish counterweight is ETF demand, with over $1.1B in inflowsโbut thereโs a catch: around 86% came through IBIT alone.
Strong inflows are positive, but such heavy concentration means the broader demand picture may not be as wide as the headline suggests. ๐๐
#BTC #bitcoin #ETF #CryptoMarket #Binance
Sticky inflation is keeping the pressure on risk markets, with 54% of PCE components still rising above the 3% level.
That puts tighter monetary policy back into focus just as Bitcoin fights to reclaim $80K.
The bullish counterweight is ETF demand, with over $1.1B in inflowsโbut thereโs a catch: around 86% came through IBIT alone.
Strong inflows are positive, but such heavy concentration means the broader demand picture may not be as wide as the headline suggests. ๐๐
#BTC #bitcoin #ETF #CryptoMarket #Binance
