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BULLISH 📈 : Bitcoin ETFs see $1 billion inflows amid geopolitical tensions
Bitcoin is trading near $66,400, down 1.5% in the last 24 hours due to geopolitical tensions affecting risk assets. Despite this, US spot Bitcoin ETF inflows have surged, providing a capital floor for digital assets.
- Bitcoin held above $65,000 despite dipping briefly.
- Geopolitical conflicts impact risk assets, with gold prices rising and Bitcoin facing selling pressure.
- Bitcoin ETFs saw $787 million inflows last week, the highest since January.
Institutional ETF Accumulation
- US spot Bitcoin ETFs recorded over $1 billion in net inflows recently, reversing previous outflows.
- BlackRock's iShares Bitcoin Trust (IBIT) leads with significant inflows.
- On-chain analysis shows long-term holder stability, suggesting derivative-driven selling pressures.
Macro Analysts Maintain $120,000 Target
- Economist Henrik Zeberg targets Bitcoin between $110,000 and $120,000 by March 2026.
- Institutional positioning provides resilience against volatility spikes.
- Technical indicators show Bitcoin consolidating with support at $65,000 and resistance at $68,500.
Bitcoin Hyper Expands the Ecosystem
- Bitcoin Hyper (HYPER) emerges as a key player, bridging Bitcoin's store-of-value and transaction utility.
- HYPER serves as a Layer-2 solution, integrating Ethereum Virtual Machine compatibility for decentralized applications.
- The project has raised substantial capital during its presale and aims for a secure mainnet launch.