Whales & ETFs fuel Bitcoin surge: $3.02B inflows spark $106K price breakout hopes

Derivatives and ETFs Fuel Bitcoin’s $96K Milestone

Bitcoin’s decisive vault above the psychologically potent $96 000 mark on 1 May 2025 crowns an eight-week, 32 % rally that has lifted its market value beyond Amazon and Alphabet, giving the token the world’s fifth-largest capitalisation. The breakout completes an ascending-triangle pattern that has been building since early March and, in the process, underscores one of the tightest supply-demand skews in Bitcoin’s 14-year history. Daily issuance…

Whales & ETFs fuel Bitcoin surge: $3.02B inflows spark $106K price breakout hopes

Bitcoin sees $3.2B ETF inflows and nears $95K, but whale caution is hinting at a possible short-term pullback.

Bitcoin Price Targets $106K As ETF Inflows & On-Chain Metrics Rise

Key Insights: Matrixport highlights $96K as key resistance; a breakout could push BTC toward the $106,000 target. Active BTC addresses surpassed 800,000 daily, signaling renewed user engagement and rising network demand. Bitcoin has surged weekly, holding above $95K, with 30-day gains reaching 14% amid growing ETF inflows. Bitcoin price maintained its upward momentum in late April, strengthening its position. The weekly chart reflects an 8% gai…

Is Bitcoin Losing Steam After Its Recent Breakout?

Bitcoins recent rally past the $90,000 mark has sparked optimism across the crypto market, but signs of weakening momentum are raising questions about the sustainability of this breakout. At the time of writing, BTC is trading near $94,600, but falling trading volume suggests waning buyer conviction. Without stronger inflows, the rally may struggle to continue, putting the current uptrend at risk. Although Bitcoin has seen a solid rebound from i…