US Spot Bitcoin ETFs Pull in Nearly $1B for a Third Straight Week
US spot Bitcoin ETFs recorded nearly $1 billion in net inflows last week, extending their positive run to three consecutive weeks as institutional demand continued to recover.
Bitcoin
19
May
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By John Isige - 198
Last week, BTC/USD tested the 82000.00 level, corresponding to the 38.2% Fibonacci retracement, before entering a downward correction. The pair is currently trading near 76900.00, pressured by several negative factors.
12
May
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By Sagar Dua - 144
Last week, the BTC/USD pair showed mixed dynamics amid conflicting geopolitical signals. The US and Iranian governments maintained tough rhetoric, exchanging attacks on infrastructure and military facilities. However, large-scale hostilities have not resumed, while discussions on a diplomatic settlement continue.
8
May
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By John Isige
- 174
Renewed tensions in the Middle East are once again putting pressure on Bitcoin and other cryptocurrencies. However, K33’s analysis shows why investors may not need to panic.
4
May
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By John Isige
- 204
BTC/USD showed mixed dynamics last week: after testing the 75000.00 level (Murray [6/8]), it resumed its upward move and today updated a five-month high at 80550.00.
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By John Isige
- 189
Bitcoin's break above $80,000 sends a strong signal. Investors are responding to renewed optimism in the global environment and returning to crypto. The cryptocurrency market is kicking off the new trading week with noticeable momentum.
1
May
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By John Isige
- 177
Bitcoin has been recovering since March, but a full-scale rally has yet to materialize. Crypto analysts explain why.
29
April
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By John Isige
- 203
After a confident recovery and a noticeable improvement in sentiment, Bitcoin failed to hold its momentum and reversed right at the threshold of a key level. We break down what's holding back the rally, who's pushing the price down, and which levels to watch in the days ahead.
20
April
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By John Isige
- 229
Last week, the BTC/USD pair reached a three-month high of 78125.00 (Murray level [+1/8]), but over the weekend the quotes began to correct downward and are currently trading around 75000.00 (Murray level [8/8]) amid ongoing geopolitical developments in the Middle East.
13
April
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By John Isige
- 257
Last week, the price of the world’s leading cryptocurrency posted strong gains and reached six-week highs near 73500.00, as investors hoped that a two-week truce between Iran and the United States would help normalize the geopolitical situation and create conditions for a long-term peace plan. However, over the weekend they revised their expectations again, which led to a significant decline in interest in risk assets and a price correction toward 70500.00.
3
April
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By John Isige
- 281
Last year, gold clearly outperformed Bitcoin. Against the backdrop of geopolitical tensions — especially surrounding the conflict with Iran — investors increasingly moved into traditional safe-haven assets, while Bitcoin remained below expectations for some time. Capital largely flowed into gold, which benefited from its role as a proven store of value.
30
March
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By John Isige
- 225
Last week, the BTC/USD pair resumed its decline and tested the 65,625.00 level (Murray [1/8]), where it continues to hold. The escalation of the Middle East conflict is contributing to the strengthening bearish momentum. Investors remain disappointed as U.S. President Donald Trump continues to signal progress in peace negotiations with Iran, while in reality the conflict zone is expanding, involving new participants and worsening global economic prospects.
28
March
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By John Isige
- 276
The financial world is watching Mike McGlone’s latest forecasts with a mix of skepticism and concern. The Bloomberg Intelligence senior strategist reinforced his bearish outlook on the crypto market during a detailed conversation with crypto expert EllioTrades, suggesting that the entire crypto asset class may face a fundamental reassessment.