Bit360
06/14 11:41
Institutional inflows spike, but weakening fundamentals raise questions about Bitcoin’s short-term strength.
Institutional appetite for Bitcoin [BTC] has resurfaced, with ETFs pulling in over $970M in just three days—reversing weeks of capital outflows.
This sharp rebound in inflows coincides with Bitcoin trading at $104,750.20 after a 2.67% daily drop.
The capital influx during a price dip suggests renewed conviction among large investors. While this trend may ignite optimism, broader market sentiment remains conflicted.
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