Bitcoin (BTC) stabilized around $104,000-$105,500 today, June 8, 2025, after a volatile week. Despite recent ETF outflows, such as $167.7 million from Fidelity’s FBTC, BTC gained 1.15% on June 7, driven by easing U.S. recession fears and strong jobs data. Market analysts note Bitcoin’s price reflects global sentiment and macroeconomic shifts, with uncertainty over U.S. tariffs potentially capping gains. Altcoins saw minor losses, while institutional interest remains robust, with 61 public companies holding 3.2% of BTC’s supply. Experts predict a potential breakout if Bitcoin clears key resistance levels, but warn of corrections if tariffs persist. Sentiment on X remains cautiously optimistic.
