
Bitcoin at $85,590 as FOMO Hits Highest Since December 2024 and ETF Flows Turn Positive
- —Bitcoin at $85,590, up 5.33% in 24 hours on $170.91 billion volume
- —Open interest rose 9.38% in 24 hours to $61.33 billion
- —Strategy acquired 950 BTC for $75.7 million at an average of $79,670
- —Options share of Bitcoin derivatives jumped from 25% to nearly 50%
Why it matters: Sustained ETF inflows and Strategy's purchases confirm demand, but rising FOMO and leverage increase the risk of a sharp reversal.
Source: TronWeekly
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