Overview
- Bitcoin faded from a two‑month high near $97,000 to roughly $95,000 as trading volumes and open interest eased and liquidations picked up, with sentiment back to neutral.
- U.S. spot Bitcoin ETFs swung from a $843.6 million single‑day inflow on Wednesday to about $100 million on Thursday, leaving year‑to‑date net inflows near $1.5 billion as BlackRock drew entries and some peers saw outflows.
- The Senate Banking Committee postponed markup of a crypto market‑structure bill after Coinbase’s CEO opposed key provisions, and crypto‑exposed stocks such as Coinbase declined on the news.
- Ethereum consolidated around $3,300 with on‑chain usage hitting records in new wallets and weekly transacting users, while spot ETH ETFs logged about $164 million in net inflows and analysts flagged $3,450 as a pivotal level for a potential move toward $4,000.
- XRP’s new spot ETFs have accumulated roughly $1.37 billion in assets since launch, and prediction markets currently assign about a 54% chance that Bitcoin touches $100,000 this month, which remains a probabilistic view rather than a certainty.