Negative
25Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 14 days ago
- Bias Distribution
- 100% Left
Bitcoin Surges Above $107K on $48B ETF Inflows Amid Market Recovery
Bitcoin has surged past $107,000, approaching its all-time high amid strong institutional inflows and renewed market optimism. Spot Bitcoin ETFs have seen 12 consecutive days of net inflows totaling nearly $3.9 billion, with major contributions from BlackRock and Fidelity, while corporate treasury demand is also rising significantly. The rally has been supported by a shift from geopolitical fears to a risk-on sentiment following a U.S.-brokered ceasefire between Iran and Israel, easing concerns of an oil supply crunch and boosting global risk assets. Miner activity and whale presence on exchanges indicate a bullish outlook, as miners reduce exchange inflows and derivatives funding rates turn positive, signaling increased long positions. Despite this optimism, investors remain cautious ahead of upcoming U.S. economic data releases, including GDP and unemployment figures, which could introduce volatility. The U.S. dollar's weakness and regulatory developments, such as the potential recognition of cryptocurrency as a financial asset by Fannie Mae and Freddie Mac, further bolster Bitcoin's appeal as an alternative store of value.

- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 14 days ago
- Bias Distribution
- 100% Left
Negative
25Serious
Neutral
Optimistic
Positive
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