$BTC returned above $80,000… but this time the story isn’t only about the number.
Bitcoin jumped today to more than $81,000, recording its highest level since May, alongside falling U.S. Treasury yields and a weaker dollar.
So what caught the market’s attention?
Comments from Federal Reserve board member Christopher Waller, who indicated that he may support keeping interest rates unchanged this month if inflation continues to improve. These signals brought back some appetite for risk in the markets.
But there’s another intriguing detail:
While $BTC resumed its rise, Bitcoin ETF funds saw net inflows exceeding $101 million, whereas Ethereum ETF funds recorded their first outflow after a streak that lasted 12 sessions.
So the market isn’t moving all in the same way.
The question now isn’t just:
Will $BTC reach 85K?
But: Can the new liquidity sustain this rally?
What do you think: Is Bitcoin’s strength truly returning, or does the market need more confirmation?
#Binance #Bitcoin #Crypto #ETF #MarketUpdate
Bitcoin jumped today to more than $81,000, recording its highest level since May, alongside falling U.S. Treasury yields and a weaker dollar.
So what caught the market’s attention?
Comments from Federal Reserve board member Christopher Waller, who indicated that he may support keeping interest rates unchanged this month if inflation continues to improve. These signals brought back some appetite for risk in the markets.
But there’s another intriguing detail:
While $BTC resumed its rise, Bitcoin ETF funds saw net inflows exceeding $101 million, whereas Ethereum ETF funds recorded their first outflow after a streak that lasted 12 sessions.
So the market isn’t moving all in the same way.
The question now isn’t just:
Will $BTC reach 85K?
But: Can the new liquidity sustain this rally?
What do you think: Is Bitcoin’s strength truly returning, or does the market need more confirmation?
#Binance #Bitcoin #Crypto #ETF #MarketUpdate