Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
<a href="https://xpertsstudio.com/bitcoin-will-go-to-85000-before-a-dip-but-the-real-story-is-its-role-in-the-ai-economy-expert-argues/” title=”Bitcoin Will Go To $85,000 Before a Dip but the Real Story Is Its Role in the AI Economy, Expert Argues”>Bitcoin is finally starting to get some attention from investors again.
The price of the world’s largest cryptocurrency is hanging out at around $79,000, a level it has sustained since Friday following a spate of small regulatory wins last week. Both the Securities and Exchange Commission and the Commodity Futures Trading Commission are working on ways for industry startups to operate in the U.S. legally.
Sentiment appeared to shift last week as bitcoin ETFs saw five straight days of inflows totaling nearly $2 billion they’re still in the red, with about $2.8 billion in net outflows
What You Need to Know
-
Bitcoin ETFs saw five consecutive days of inflows totaling nearly $2 billion last week.
-
Bitcoin’s price has stabilized around $79,000 following small regulatory wins in the U.S.
-
Crypto-linked stocks are mixed Monday, with Coinbase and MicroStrategy gaining while Robinhood is slightly down.
Citi’s Alex Saunders said in a report Thursday that “ETF flows remain the key catalyst to watch” and the “most-important driver of price action.”
Investors have pulled money from the dozen-odd spot bitcoin funds since bitcoin prices reached a peak of over $126,000 in October and then were cut in half in the ensuing months.
“Flows have stalled since the October 2025 liquidations, and their resumption is critical for a sustained rally,” Saunders wrote.
Crypto-linked stocks, which finished last week strong, are mixed to start the week. Coinbase Global (COIN) and Strategy (MSTR) are gaining 1% and 4.5%, respectively. Robinhood (HOOD) is down less than 1%.
Read the original article on Investopedia
Source: finance.yahoo.com