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Bitcoin Firms Above $121K Amid Global Macro Shifts & Institutional Accumulation

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Key Takeaways

  • Bitcoin ETFs logged $198 million net inflow, marking a ninth straight day of inflows; ETH ETFs saw $8.54 million outflow. Total Bitcoin ETF assets now exceed $168 billion, representing ~7% of total market cap.
  • Bitcoin futures OI hit $100 billion, while options data show a 59.57% call bias, signaling bullish positioning.
  • BTC consolidated above $121,000, ETH at $4,341, SOL at $221, and BNB at $1,270.
  • Gold holds near $4,040 per ounce, S&P 500 remains at record highs amid Fed easing expectations.
  • Corporate and treasury demand for Bitcoin continues accelerating, as DDC Enterprise announces $124 million equity raise to expand Bitcoin treasury.

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