Bitcoin reclaims $85,500 as $1.3B flows into crypto ETFs in a day
- —BTC +4.3% to $85,510; ETH +2.29% to $2,732; XRP +5.2% to $1.52
- —BTC ETFs took in $999M, ETH ETFs $270M, SOL ETFs $26M
- —24-hour liquidations reached $1.36B, 58% of them shorts
- —Crypto Fear & Greed Index at 77, in 'greed' territory
Why it matters: Renewed ETF inflows and a short squeeze are fueling the rally, though 10-year Treasury yields near 4.95% remain a headwind.
Source: Blockmedia