"Bitcoin has slumped for a fifth consecutive day, retreating from its highest levels since November while struggling to maintain footing above $92,000. Bitcoin downtrend is driven by a mix of profit-taking and a "risk-off" pivot as traders digest a sudden spike in US political risk and geopolitical and trade tension. Despite recent market fluctuations, damage remains contained as futures liquidations stay at a minimum, signalling a shift toward stability."
"On the positive side, real demand is resurfacing; according to SoSoValue data, U.S. spot ETFs recorded their best week of net inflows since October, following the massive $20 billion futures liquidation wave on October 10th. This institutional interest is mirrored by some notable whale activity, with addresses holding 1,000 to 10,000 BTC increasing by 28 over the past week according to BGeometrics."
"According to Wall Street Journal reports, the probe is creating a credibility trap where any Trump nominee risks being viewed as a political instrument rather than an independent technocrat. This institutional friction has immediate consequences for market sentiment, as uncertainty regarding the Fed's autonomy typically triggers a flight from dollar-denominated assets. Senators Thom Tillis and Lisa Murkowski have already stalled the confirmation process, suggesting that a leaderless or politicized Fed could leave the markets steering without a rudder through the spring."
Bitcoin has fallen for five straight days, slipping from November highs and failing to hold above $92,000 amid profit-taking and a broader risk-off shift tied to US political, geopolitical and trade tensions. Futures liquidations remain low, limiting damage and indicating greater stability. U.S. spot ETFs logged their best weekly net inflows since October, and addresses holding 1,000–10,000 BTC rose, signaling renewed real demand. Crypto futures open interest has fallen about $9 billion since January highs, implying upward pressure is driven more by spot buying than by leveraged positions. Political uncertainty around the Federal Reserve is weighing on sentiment.
Read at London Business News | Londonlovesbusiness.com
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