Bitcoin Soars Past $97K Despite ETF Demand Slowdown
After days of stability, Bitcoin’s (BTC) rally continues as it surpasses $97,000 as bullish sentiment dominates the market. This surge highlights strong investor confidence, even as Bitcoin ETF inflows experience some fluctuations. Analysts remain optimistic about the cryptocurrency’s long-term potential despite short-term concerns about institutional demand.
| Broker | Review | Regulators | Min Deposit | Website | |
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker >> |
| 🥈 |  | Read Review | FMA, FSA | USD 50 | Visit Broker >> |
| 🥉 |  | Read Review | FSCA, CySEC, DFSA, FSA, CMA | USD 0 | Visit Broker >> |
| 4 |  | Read Review | SFSA, FSCA, CySec* | USD 5 | Visit Broker >> |
| 5 | Visit Broker >> | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker >> |
| 6 |  | Read Review | FCA, FINMA, FSA, ASIC | USD 0 | Visit Broker >> |
| 7 |  | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker >> |
| 8 |  | Read Review | Not Regulated | 0.001 BTC | Visit Broker >> |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker >> |
| 10 |  | Read Review | SVGFSA | USD 5 | Visit Broker >> |
Recent data suggests that Bitcoin ETFs, which have played a crucial role in fueling the rally, are seeing a slowdown in inflows. Some investors worry that declining demand could impact price momentum, but market experts argue that this is a natural cycle. The bull run remains intact, driven by increasing adoption, macroeconomic factors, and strong buying pressure.
Despite ETF outflows, Bitcoin’s price stability indicates that larger market forces are still driving it upward. According to several analysts, Bitcoin’s long-term trajectory is not substantially impacted by short-term sell-offs from ETFs. Rather, whales and individual investors are intervening to counteract any selling pressure, maintaining the price’s high level.
Another key factor behind Bitcoin’s rise is the expectation of increased institutional adoption. Many investors view the recent dip in ETF demand as temporary, believing it will rebound as Bitcoin remains a favored hedge against inflation and economic uncertainty. Additionally, growing regulatory clarity has boosted institutional confidence, leading to sustained accumulation.
Market experts also point to Bitcoin’s supply dynamics as a key driver of its price movement. With the upcoming halving event expected to reduce new supply, demand is likely to outpace available coins, further fueling the rally. Historically, Bitcoin halvings have led to significant price increases, and many traders are positioning themselves in anticipation of a similar pattern.
There may be a few short-term corrections, but the foundations of Bitcoin remain stable. Investors continue to hold fast, expecting the coming months to see fresh all-time highs. With $100,000 now well within reach, if demand levels off and ETF inflows start up again, Bitcoin might be primed for an even more spectacular ascent.
As of this writing, Bitcoin (BTC) is trading at $97,445.08, reflecting a 1.12% increase in the last 24 hours.
ABOUT THE AUTHOR
See More
Add 3442
Related Posts
Add 3440
🏆 7 Best Forex Brokers
| Broker | Website | |
|---|---|---|
| 🥇 |  | Visit Broker |
| 🥈 |  | Visit Broker |
| 🥉 |  | Visit Broker |
| 4 |  | Visit Broker |
| 5 |  | Visit Broker |
| 6 |  | Visit Broker |
| 7 |  | Visit Broker |
Join 350 000+ traders receiving Free Trading Signals
Alerts
Rates
Calendar
Signals
Top 4 Brokers
