Bitcoin (BTC) Market Overview
As of today, #Btc is trading at approximately $106,802, reflecting a 0.55% increase over the past 24 hours. The day's trading range has seen lows of $104,350 and highs reaching $107,017, bringing BTC close to its all-time high of $109,079 recorded in January 2025.
🔍 Key Market Insights
ETF Inflows Surge: $BTC ETFs experienced significant inflows, with Fidelity and ARK Funds collectively attracting $343 million. This marks the most substantial single-day influx since May 2, 2025, indicating heightened institutional interest.
Strategic Reserves Established: In March 2025, the U.S. government announced the creation of a Strategic Bitcoin Reserve, aiming to solidify Bitcoin's role as a national reserve asset. This move is expected to influence long-term market dynamics.
Market Sentiment: The current Fear & Greed Index stands at 64, suggesting a prevailing sentiment of greed among investors. Technical indicators also point towards a bullish trend, with Bitcoin recording gains on 18 out of the last 30 days.
what you think about it? 🤔
