Report: BTC to Withstand Global Turmoil, Institutional Investor Confidence Remains Intact
The latest market report indicates that the cryptocurrency market experienced turbulence last week, with panic selling and forced liquidations sweeping across major exchanges. Bitcoin fell more than 11.5% from its May highs. Although there was initial optimism for the Bitcoin market this week, macro headwinds such as rising oil prices, concerns over stagflation, and renewed geopolitical tensions quickly unsettled traders and intensified downward pressure. However, Bitcoin spot ETFs recorded a strong net inflow of $1.02 billion, highlighting growing confidence among institutional investors. This structural demand has helped stabilize BTC prices within the $94,000 to $110,000 range. As open interest has now returned to healthier levels and funding rates have normalized, the future trend will depend on whether ETF inflows can be sustained, or if a break below this support level signals a deeper shift in market sentiment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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