- Bitcoin is stabilizing near $91,500 after a drop to $80,000. A strong weekly candle shows demand, but it remains below the 50-week moving average, indicating market fragility.1
- Bitcoin’s price has surged due to better market sentiment and increased risk appetite. Futures open interest rose from $120 billion to over $134 billion, indicating more capital in the market.2
- Spot Bitcoin ETFs saw $70 million in net inflows last week, ending a four-week outflow of $4.35 billion. Daily inflows on Friday were about $71 million.3
