Bitcoin has surged over 19% in just over a month, breaking above $80,000 amid rising inflation signals like high oil prices and commodity indexes. Traditionally, rising inflation and higher interest rates would pressure Bitcoin as investors favor safer assets, but Bitcoin's rally suggests it may be transitioning from a risk asset to an inflation hedge. This shift is supported by $4.45 billion inflows into U.S. spot Bitcoin ETFs since March and endorsements from notable investors like Paul Tudor Jones. However, Bitcoin's correlation with rising U.S. equities complicates the narrative; the true test will come if Bitcoin holds or rises during a stock market downturn, confirming its inflation hedge status.
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
The crypto market continued its decline with total capitalization dropping 1.5% to $2.53 trillion and Bitcoin falling nearly 3% to around $75,000. This selloff is driven by macroeconomic uncertainty, significant outflows from Bitcoin and Ethereum ETF...
Bitcoin dropped to $75,498 during Asian trading, diverging from the global stock market's record highs. Major cryptocurrencies like XRP, Ethereum, and Solana fell nearly 1%, while Zcash saw a sharp 9% decline. Bitcoin is near its 50-day moving averag...
Last week, digital asset investment products experienced $1.47 billion in outflows, marking the third-largest weekly outflow of 2026 and signaling a negative trend for May. The United States led with $1.425 billion in withdrawals, while other countri...
Bitcoin traded at $75,856 after a slight 1.01% decline, with on-chain data showing cautious whale wallet behavior and balanced exchange flows, indicating no strong buying or selling pressure. Miner activity remains steady, and the price pullback sugg...
