Markets· ★★★· bullish·

Glassnode: Bitcoin reclaims $86K on spot buying and short squeeze, ETF flows still negative

  • —BTC above $86,000, up over 10% from last Sunday's close
  • —Futures open interest sits above its high band, funding positive
  • —Options open interest near $41B, but volatility spread below its low band
  • —Weekly net bitcoin ETF flow still negative at about -$300M
Why it matters: The rally rests on spot demand and a short squeeze, but rising leverage and ETF outflows leave it exposed to a pullback.
#BTC
Source: Bitcoin Insider
More on this
Markets · 00:15
ALGO Jumps 9.84% to $0.111 on Short Squeeze and Algorand Quantum Narrative
 Markets · 00:12
Injective (INJ) Jumps 3.84% to $7.83 as Bitcoin Rally Lifts Altcoins
 Markets · 00:09
Polygon (POL) Jumps 8% to $0.111 as Bitcoin Tops $85,000