Bitcoin News Today: Bitcoin's Fragile Truce: Geopolitical Gambles and ETF Surges Stabilize $115K Rally
Bitcoin steadies around $115,000 after a volatile weekend marked by U.S.-China trade tensions and record inflows into BitcoinBTC-- ETFs. The cryptocurrency has rebounded from a sharp decline to $108,000 following statements from Donald Trump and JD Vance indicating openness to a trade agreement with China. This potential de-escalation has stabilized investor sentiment, with Bitcoin trading near $115,000 as of Monday. The price surge was further fueled by expectations of Federal Reserve rate cuts and strong institutional demand, particularly from firms like MARA HoldingsMARA--, which added 400 BTC to its treasury, raising its holdings to over $6.12 billion [4].
The market's recovery followed a $19 billion liquidation event triggered by Trump's announcement of a 100% tariff on Chinese goods. This led to Bitcoin plummeting below $102,000, the lowest level in weeks, before stabilizing amid diplomatic gestures from both the U.S. and China . Analysts attribute the rebound to a combination of short-term bargain hunting and institutional accumulation, with BlackRock's iShares Bitcoin Trust (IBIT) recording $3.5 billion in inflows during the first week of October, surpassing S&P 500 ETFs in net capital flows [6].
Technical indicators suggest a fragile bullish setup. Bitcoin is testing a golden cross pattern, historically associated with significant price rallies, while the Relative Strength Index (RSI) and MACD show mixed signals. On the daily chart, the coin has formed a rising wedge pattern, often a precursor to bearish breakouts [1]. A bearish divergence in on-chain metrics, such as declining RSI and MACD during a bull run, raises concerns about a potential dead cat bounce [1]. Meanwhile, EthereumETH-- (ETH) stabilized above $4,100, with institutional investors showing resilience in derivatives markets .
The broader crypto market remains sensitive to geopolitical risks. Trump's tariff threats and China's rare earth export controls exacerbated volatility, causing altcoins like SolanaSOL-- (SOL) and XRPXRP-- to lose up to 50% of their value during the crash . However, market makers and liquidity providers are working to stabilize prices, with absorption of liquidation orders expected to take several days. The U.S. dollar's 10% year-to-date decline and Bitcoin's 27% gain have reinforced its appeal as a hedge against currency debasement [3].
Institutional adoption continues to accelerate, with BlackRockBLK-- and Bitwise leading a surge in ETF inflows. Year-to-date, Bitcoin ETFs have attracted over $25.9 billion, with projections indicating a potential $36 billion record in Q4 [8]. This trend is supported by regulatory clarity, including the SEC's proposed "innovation exemption" to foster crypto infrastructure development [3].
Despite the bullish momentum, risks persist. A breakdown below $112,500 could trigger a deeper correction toward $109,000, while a sustained close above $117,000 would validate the reversal. Analysts caution that prolonged trade tensions or a Fed delay in rate cuts could undermine the recovery. However, the crypto Fear & Greed Index has shifted from "Extreme Fear" to neutral levels, suggesting renewed confidence .
Comentarios
Aún no hay comentarios