Bitcoin’s Bounce‑Back: A Rollercoaster of Bitcoin & ETF Shenanigans
Yesterday’s market tremble was triggered by the buzz around DeepSeek, a pop‑up AI buzz that made investors worry that the AI hype might be too much of a fad. The result? A swift slide in risk‑tolerant assets, and Bitcoin took a little dip.
The Day After: Calm, but Not Calm Enough
Fast‑forward to today, the market sighed a collective sigh of relief. Bitcoin’s price has steadied hanging around $102,000. Still, the kettle is over by probably.
- Bitcoin’s price-range is smooth, but volatility still lurks.
- Global market chatter points to uncertainty—a tell‑tale sign that anyone could step on a landmine.
From Boom to Bummer in the ETF World
Crypto ETFs had a rough patch. BTC ETFs saw outflows totalling over $450 million. Ethereum spot ETFs didn’t escape either, pushing hard on other cryptocurrencies that are off to a less successful rise.
- Seven days of inflows turned into a sudden outflow surge.
- Investor mood seems to shift towards “I’d rather stick to the ground than toss any coins into the crypto‑air”.
Big Hedge‑Funds Keep Their Eyes on Bitcoin
Even with the market wobbling, big players keep buying Bitcoin. Two names stand out:
- Metaplanet is raising $745 million to snag 21,000 BTC by 2026 – the megadeal of Asian equity markets.
- MicroStrategy continues to pile up lots of Bitcoin, “supporting” the price in the process.
Bottom Line & What to Watch
As Bitcoin holds near the $102k mark, it remains a highly volatile asset that will still need to manage risk carefully. Keep a compass handy: if the global climate feels off, the crypto Tide may cut against your boat. Stay ready.
