Home Bitcoin Bitcoin Price News: BTC Eyes $85K as Futures Market Comes Back to Life
Bitcoin

Bitcoin Price News: BTC Eyes $85K as Futures Market Comes Back to Life

Share


The market has embraced the news and seems to be expecting that geopolitical tensions will ease in the next few days, setting the stage for a strong move to higher ground for risky assets.

Bitcoin ETFs Bring In $1.5 Billion in Just 5 Days

Bitcoin exchange-traded funds (ETFs) have been receiving positive net inflows for five days in a row. In total, these vehicles have brought in over $1.5 billion during this period, indicating strong interest from investors.

Data from CoinShares says that crypto exchange-traded products (ETPs) have received positive inflows for three weeks in a row now – a strong signal of a change in sentiment.

Moreover, the Fear and Greed Index is behaving in a way that resembles the late stages of previous bearish cycles.

This sentiment gauge rose to “Greed” territory at 62 just days ago for the first time since October 2025. In addition, billions of dollars in short positions have been wiped out of the futures market in the past few days as a result of BTC’s recovery from $66,000 to $78,000.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Iran issues its largest-ever currency denomination as spiraling inflation ravages financial sector

Iran’s economy was already crashing before the U.S. and Israel launched a war against the Islamic republic three weeks ago, and the relentless...

CME Group to Launch “Micro Bitcoin Futures” Contracts for Retail Investors

The Chicago Mercantile Exchange (CME) has announced the launch of a new Bitcoin-derivative product that aims to meet retail investors’ demand. Big News...

Related Articles

End of the Powell Era: Will Fed ‘Defensive’ Regulation Shift? What the ‘Most Crypto-Friendly’ Warsh Will Bring?

TradingKey - On May 15, 2026, Jerome Powell will officially step down...

Australia Cryptocurrency Market Is Accelerating Toward Mainstream Financial Adoption

Australia’s cryptocurrency industry is rapidly evolving from a niche investment segment into...

Bitcoin (BTC) mining pools with 75% of hashrate back open standard for block construction

The biggest decentralization move bitcoin mining has seen in years just happened...

Inside Nigeria’s booming cryptocurrency economy

Nigeria’s cryptocurrency economy is expanding rapidly, reshaping how millions of people save,...