$BTC #BTCRebound

Bitcoin (BTC) is experiencing a notable recovery, with its current price at $87,559.50, an increase of 3.58%. This upward trend is also observed in Bitcoin exchange-traded funds, which saw a modest net inflow of $15 million last week, marking the lowest weekly net inflow since the beginning of 2025.

Key factors influencing Bitcoin's recovery

- * Global liquidity and institutional signals: Increasing global liquidity and signs of institutional investment contribute to the rising price of Bitcoin.

- Stablecoin supply ratio: However, the stablecoin supply ratio (SSR) of 14.42 indicates weak purchasing power of stablecoins, which may limit Bitcoin's upside potential.

- Market sentiment: Despite the recovery, market sentiment remains cautious, as traders are closing positions rather than opening new ones, as evidenced by the decline in open interest in Bitcoin futures.

- * Potential catalyst: Improvement in macroeconomic conditions and continued inflows into exchange-traded funds, or a contraction in volatility, may lead to a sharp rise in Bitcoin's price.