Bitcoin hovers around $75,000 with sustained institutional demand, but faces supply resistance near $76,800. Open interest in futures grew 2.5% in 24 hours while liquidations dropped 48%, signaling caution and lack of conviction.
U.S. spot Bitcoin (CRYPTO: BTC) ETFs recorded $186.1 million in net inflows on Wednesday as Morgan Stanley's (NYSE:MS) MSBT crossed $103 million while Goldman Sachs (NYSE:GS) filed for its first Bitcoin ETF. Morgan Stanley Beats WisdomTree In Week One MSBT reached $103 million in total inflows just six trading days after launch, surpassing WisdomTree's BTCW (BATS:BTCW) cumulative total of $86 million.
U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) extended their rebound on Tuesday, logging a second consecutive session of net inflows—an important signal for 'institutional demand' after intermittent outflow streaks earlier this year. According to data compiled by SosoValue, U.S.-listed spot Bitcoin ETFs recorded $186.03 million in net inflows on April 15 (U.S. time).
Bitcoin's surge amid geopolitical tensions highlights its role as a haven asset, but stability depends on evolving U.S.-Iran relations. Bitcoin surges to $74,966 amid Strait of Hormuz tensions, traders bet on stability.
Naturally, most of the liquidated positions were longs.
Bitcoin (CRYPTO: BTC) reclaimed $75,000 this week, erasing all losses since the Iran war began — and according to Anthony Pompliano, that price action just proved something historic. In a wide-ranging conversation with his son John on The Pomp Podcast, Pompliano argued that Bitcoin has officially “transcended” its identity as a risk-on tech proxy, decoupled from equities, and is now trading as a neutral, non-sovereign store of value in a world at war.
Fundstrat's chief investment officer, Tom Lee, says the next big move in markets won't be led by stocks — it'll be driven by crypto. Speaking Wednesday on CNBC's “Closing Bell,” Lee argued that Bitcoin and Ether are positioned to lead the next leg of the rally, alongside the Magnificent 7 tech stocks and the broader software sector.
A new zero-knowledge-powered system enables shielded bitcoin transactions, reflecting a broader push across crypto to address the “privacy gap” keeping institutions off public blockchains.
"There'll be one capitulation event, like the FTX crash, before Bitcoin bottoms," the X user forecasted.
According to CryptoQuant, Bitcoin miner reserves are declining. In a recent tweet, CryptoQuant pointed out that Bitcoin miner reserves fell from nearly 1.862 million BTC to 1.801 million BTC, a net sell-off of about 61,000 BTC since the start of this cycle.
U.S. spot bitcoin ETFs added $186 million in their second straight day of positive flows, as Morgan Stanley's MSBT topped WisdomTree's fund.
Coinglass flags $1.64b in BTC longs at risk below $70,721 and $1.25b in shorts above $78,068 as Bitcoin grinds in a tightly leveraged $70k–$78k range.