Overview

• Bitcoin topped out near $125,700 during Sunday’s Asian session before easing to the $123,000–$124,000 area.
• U.S. spot Bitcoin ETFs drew roughly $3.2 billion in net inflows last week, marking their second-strongest week since launch.
• On‑chain data show exchange balances near six‑year lows around 2.83 million BTC, signaling tighter readily sellable supply.
• Market turbulence picked up with about $427 million liquidated over 24 hours and a majority of Binance BTC positions skewed short.
• Gains broadened as ETH traded above $4,500 and BNB set a new high, while analysts floated $135,000–$160,000 BTC targets and commenters speculated on XRP ETF outcomes, which remain unconfirmed.