🚀 BTC snapshot — 25 Jun 2025

Price action: A $450 M short-squeeze overnight catapulted Bitcoin back above $106 K, erasing the weekend dip and flipping funding positive.

ETF bid: U.S. spot Bitcoin ETFs just logged their 8th straight day of net inflows (≈ $388 M Wednesday), and BlackRock’s IBIT now ranks Top-4 for all ETF inflows YTD—a steady drain on exchange supply.

Macro lens: The Fed held rates at 4.25 – 4.50 % last week, but the dot-plot still pencils in two cuts before year-end. A looser dollar environment historically boosts BTC’s “digital gold” appeal.

Reg radar: Europe’s new MiCA framework is luring liquidity from the U.S., giving exchanges a clear rulebook and potentially accelerating corporate BTC adoption inside the EU.

TL;DR: Short liquidations + persistent ETF demand + looming Fed cuts + EU regulatory clarity = a potent bullish cocktail. Eyes on $111 K resistance for the next leg.

(DYOR; not financial advice.)