Bitcoin (BTC) Demand Revival: Crypto Daybook Americas

In today’s Crypto Daybook Americas, Bitcoin showed resilience by bouncing off early session lows, which supported altcoins such as Ether and Solana. Notably, Bitcoin’s demand metric has shifted into positive territory, reaching a three-month peak of 5,252 BTC, approximately $549 million. Concurrently, U.S.-listed Bitcoin ETFs experienced significant inflows, totaling $523 million, marking the highest level in over a month. Despite this positive trend, traders are exercising caution in derivatives markets, with annualized funding rates on Deribit remaining below the 2025 average. Market participants are also wary of ongoing U.S. government shutdowns, which have led to limited economic data affecting trader sentiment. Traditional markets have shown mixed results, with gold stalling at around $4,130 per ounce, influenced by rising volatility in Treasury notes – often negatively impacting risk assets like cryptocurrencies. Overall, while Bitcoin displays signs of renewed demand, uncertainty persists due to macroeconomic factors.

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