Bitcoin held firmly above $86,000 as U.S. spot Bitcoin ETFs attracted nearly $1 billion in net inflows, signaling renewed institutional demand.

CRYPTOCURRENCYTICKERPRICE
Bitcoin(CRYPTO: BTC)$86,586.09
Ethereum(CRYPTO: ETH)$2,751.65
Solana(CRYPTO: SOL)$117.98
XRP(CRYPTO: XRP)$1.57
Dogecoin(CRYPTO: DOGE)$0.09957
Shiba Inu(CRYPTO: SHIB)$0.056028

Notable Statistics

  • Coinglass data shows 93,939 traders were liquidated in the past 24 hours for $437.68 million.       
  • SoSoValue data shows net inflows of $998.95 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $269.98 million.
  • In the past 24 hours, top gainers include Bitcoin Cash, NEAR Protocol and Quant.

Notable Developments

Trader Notes

Digital asset trader Castillo Trading expects Bitcoin to retest $80,000, though it could first extend toward $89,000. He views dips as buying opportunities rather than a reason to turn bearish.

Heavily followed trader Michael van de Poppe anticipates a sweep of the $84,000 level, which he sees as a potential area to look for long entries.

Trader CryptosBatman points to nearly $1 billion in latest-session Bitcoin ETF inflows as evidence that institutional demand is returning after months of weakness. “Real capital is coming back,” he added.

He suggests BTC’s bottom may already be in.

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