Market Overview
Bitcoin (BTC) is showing signs of recovery, up about 1.5% and currently trading around 107,827 dollars. Ethereum (ETH) is also in the green, gaining roughly 1.9% and hovering near 2,480 dollars.
Out of the top 10 cryptocurrencies, five have posted gains today. Lido Staked ETH (stETH) is following Ethereum’s rise, while Binance Coin (BNB) remains stable with a minor 0.3% increase. Within the top 100, about 20 coins are in positive territory. Kaspa (KAS) and Bitcoin Cash (BCH) are among the top performers, each up more than 5%. On the flip side, tokens like Sei (SEI) and FARTCOIN have dropped over 11%.
What’s Causing the Market Shift?
Several factors are influencing today’s price action:
Geopolitical developments: Tensions in the Middle East have eased, improving overall market sentiment. Still, some traders are locking in profits after recent rallies.
Institutional demand: Bitcoin spot ETFs have now recorded twelve consecutive days of net inflows - the longest streak since December 2024.
Market maturity: Bitcoin and other major cryptos are increasingly seen as part of the broader financial system rather than just speculative assets.
Dom Harz, co-founder of a Layer 2 blockchain project, put it this way: “Bitcoin is now at the crossroads of institutional adoption, retail momentum, regulatory clarity and integration into global finance.”
Andrejs Balans from YouHodler added: “Institutions are starting to treat Bitcoin more like a long-term asset - similar to gold or government bonds. That’s one of the clearest signs yet that crypto has secured a place at the financial table.”
Technical Picture
Bitcoin is trying to push past resistance at 108,100 dollars. If successful, the next price targets could be 110,490 and 112,080. Ethereum is holding near 2,480 and may soon test its recent high around 2,552.
Investor sentiment has shifted into neutral territory. There's no sign of panic, but the market is cautious after recent gains.
What Else is Happening?
ETF inflows are being led by BlackRock and Fidelity, with recent daily net purchases of 340 million and 115 million dollars respectively.
Corporate holdings are growing too. Japan’s Metaplanet just added 1,234 BTC to its balance sheet, now holding a total of 12,345 BTC.
Derivatives markets are expanding. The Moscow Exchange is preparing to launch Bitcoin-indexed futures, another sign that crypto is moving further into the traditional finance world.
Conclusion
Today’s dip looks like a healthy correction rather than the start of a downtrend. With strong institutional interest, improving global conditions and solid technical support levels, the market remains on stable ground. The next few days will likely depend on how ETFs perform, what macro news surfaces and whether Bitcoin can hold its momentum.
