$Bitcoin is hovering near $84K, down roughly 2%–3% in the past 24 hours after momentum faded near the $87K zone. The move comes amid broader risk-off sentiment, rising Treasury yields, and liquidations from leveraged long positions.
Institutional demand remains a key counterweight. U.S. spot Bitcoin ETFs reportedly saw 7,107 BTC in net inflows on September 23, bringing the seven-day total to 20,738 BTC.
Traders are now watching options expiry and upcoming macro data, both of which could keep volatility elevated. BTC is currently balancing steady ETF demand against near-term deleveraging pressure.
$BTC $BITCOIN
Institutional demand remains a key counterweight. U.S. spot Bitcoin ETFs reportedly saw 7,107 BTC in net inflows on September 23, bringing the seven-day total to 20,738 BTC.
Traders are now watching options expiry and upcoming macro data, both of which could keep volatility elevated. BTC is currently balancing steady ETF demand against near-term deleveraging pressure.
$BTC $BITCOIN