Bitcoin derivatives markets show traders holding steady, but the path back to $95,000 relies on institutional inflows returning, especially after this week’s $1.58 billion outflow.
Key takeaways:
Bitcoin funding rates sit at 7%, showing bullish traders are still hesitant to increase leveraged positions.
The spot Bitcoin ETFs saw $1.58 billion in outflows while gold hit record highs, signaling a shift toward safe assets.
Some Bitcoiners are “highly skeptical” that quantum computing is to blame for Bitcoin’s sideways price action, while...
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