Overview
- U.S. spot Bitcoin ETFs took in about $753.7 million in net inflows on Tuesday, the largest daily total since October, with funds including Fidelity and Bitwise reporting strong creations.
- Short liquidations accelerated the move, with roughly $700 million wiped out across crypto and about $290 million tied to Bitcoin positions, according to Coinglass.
- Bitcoin reclaimed the $94,500–$95,000 band that capped gains for weeks, putting the $100,000 level back in focus as traders watch $90,000 as key support.
- December CPI held near 2.7% and core inflation eased, bolstering expectations for rate cuts later this year that analysts say support demand for risk assets.
- Reports also cited heightened Middle East tensions, including a U.S. advisory to leave Iran, and Senate work on the Clarity Act as factors underpinning renewed crypto interest.