BTC Price Rebounds to Near $115K Amid Return of ETF Flows in Asia Trading
BTC is making a recovery following a recent market downturn, with Bitwise reporting net inflows. However, Polymarket traders remain cautious about the potential for a dip below $100K.
BTC has shown signs of a rebound in Asia trading, inching closer to the $115K mark after experiencing a significant drop in recent days. The latest data from Bitwise indicates a resurgence in net inflows, providing some relief to concerned investors.
Despite the positive momentum, there are still lingering concerns about the overall market fragility. Polymarket traders are currently giving even odds of a potential drop below the $100K level, highlighting the uncertainties surrounding BTC's price trajectory.
The renewed interest in BTC comes as ETF flows return to the market, signaling growing investor confidence in the digital asset. As Asia traders closely monitor the price movements, there is a sense of cautious optimism tempered by the persistent tail risk that continues to weigh on the market sentiment.