"Bitcoin edged higher on Tuesday, trading near USD 92,000, as investor sentiment improved. Spot Bitcoin ETFs recorded USD 116 million in inflows, marking the first positive daily flow in five sessions. While the magnitude remains modest relative to recent outflows, it could be an early indication that institutional selling pressure is easing. Ethereum ETFs also turned marginally positive, though inflows were limited to USD 5 million, underscoring that confidence remains fragile."
"Concerns around Fed independence could remain a source of risks. However, sentiment improved after it appeared that actions to take more control of the Federal Reserve could face significant political resistance. Attention now turns to US inflation data due later today, a key near-term catalyst for global markets. Headline CPI is expected to hold steady at 2.7% year-on-year. Signs of cooling inflation could reinforce expectations for a more accommodative Federal Reserve stance in 2026, supporting non-yielding and risk-sensitive assets such as Bitcoin."
Bitcoin traded near USD 92,000 amid improved investor sentiment. Spot Bitcoin ETFs posted USD 116 million in inflows, the first positive daily flow in five sessions, suggesting a potential easing of institutional selling despite modest magnitude. Ethereum ETFs saw limited inflows of USD 5 million, indicating fragile confidence. Concerns about Federal Reserve independence remain a risk, but apparent political resistance to actions to control the Fed has improved sentiment. Market focus is on US inflation data due later today, with headline CPI expected at 2.7% year-on-year; cooler inflation could support a more accommodative Fed stance in 2026, while an upside surprise could pressure crypto prices.
Read at London Business News | Londonlovesbusiness.com
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