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Bitcoin hits highest level since January at $85,000, as the market debates whether the ‘crypto winter’ is over
- On Friday, U.S. spot Bitcoin ETFs recorded $433 million in net inflows, while Ethereum ETFs added $143.80 million, signaling renewed institutional demand for digital assets.
- Despite the U.S. Senate failing to advance the CLARITY Act on September 15, the Securities and Exchange Commission and Commodity Futures Trading Commission continued advancing crypto-related policies.
- Fidelity Investments' Wise Origin Bitcoin Fund led institutional inflows with $310 million, while forced buying of leveraged short positions contributed to over $250 million in liquidations.
- Bitwise Chief Investment Officer Matt Hougan described the market as "crypto spring," noting that momentum-driven capital is rotating back from artificial intelligence stocks.
- Bitcoin is approaching $85,638, the breakeven cost basis for U.S. spot Bitcoin ETF holders per Glassnode data, creating a critical psychological threshold traders are monitoring closely.
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Bitcoin holds near $86,000 as spot Bitcoin ETF inflows hit 11-month high of $999 million
Bitcoin traded near $86,000 after US spot Bitcoin ETFs recorded nearly $999 million in single-day inflows, their strongest in 11 months. Institutional demand and short liquidations supported the rally, while analysts watched $89,000 as a potential trigger toward $100,000.
·Mumbai, India
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der Standard ATReposted by 
der Standard DE
der Standard DEAfter a year of losses, Bitcoin is back in the upward trend. How long it lasts remains uncertain in view of the difficult world situation
·Vienna, Austria
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Despite its recovery, the cryptocurrency is far from its record high.
·Helsinki, Finland
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Bitcoin's current movement isn't driven by just one factor. Institutional investor interest is resurgent, as is sentiment toward digital assets.
Coverage Details
Total News Sources241
Leaning Left16Leaning Right22Center24Last UpdatedBias Distribution39% Center
Bias Distribution
- 39% of the sources are Center
39% Center
L 26%
C 39%
R 35%
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