Bitcoin (BTC) Sees $564 Million Inflows Amid Price Surge to $102,997: Market Analysis and Insights

By: bitcoin ethereum news|2025/05/10 15:00:17
0
Share
copy
COINOTAG News reports that Bitcoin (BTC) has experienced a remarkable influx of **$564 million** this week, revitalizing investor interest in the cryptocurrency. Opening at **$94,230**, Bitcoin surged to **$102,997.8**, marking a significant **9.3% increase**. Analysis reveals a high liquidity liquidation threshold around **$93,000**, while the **$94,000 support level** underwent several buy-side interventions mid-week, paving the way for a rise past the **$100,000 milestone**. Furthermore, a heat map suggests a substantive liquidation cluster near **$102,000**, where many long positions were liquidated, hinting at potential profit-taking and market volatility. The robust support around **$96,000** indicates that numerous long investments remain secure, providing a buffer against downward movements. This bullish trend has largely been fueled by institutional capital flows, with the **$102,000 to $105,000** range expected to face technical scrutiny. Analysts from Bitunix advise that with the evolving **US-UK trade agreement**, BTC exhibits short-term support at **$94,200**, anticipating fluctuations within the **$102,500–105,000** corridor. Observability of ETF flows and upcoming **CPI** and **PPI** releases remains critical for strategic asset allocation amidst prevailing uncertainties. Source: https://en.coinotag.com/breakingnews/bitcoin-btc-sees-564-million-inflows-amid-price-surge-to-102997-market-analysis-and-insights/

You may also like

Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions

The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...

Dan Bin takes action, building a position in Circle

If Web3 only stays at the level of price and narrative, traditional capital will find it difficult to truly enter; but once a group of companies that can be clearly explained and included in balance sheets begins to emerge, the way the industry participates will change.

The Impossible Triangle of DeFi Lending

Borrowers want fixed interest rates, while lenders seek immediate liquidity; this is the dilemma of on-chain lending, where both cannot be achieved simultaneously.

Bitcoin ETF News: Why Bitcoin Is Falling Even After $2.43B ETF Inflows in April

Bitcoin ETF news today shows $2.43B in April inflows as institutions absorbed thousands of BTC, yet the price dropped from $79K to $76K. Traders are now watching whether the $80K resistance breaks or triggers another pullback.

What Is RWA in Crypto? Real-World Assets Explained (2026 Guide)

What Is RWA in Crypto?RWA stands for Real-World Assets — traditional financial assets like bonds, real estate, gold, and private credit that have been converted into blockchain tokens.

Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil

The narrative of RWA is not about traditional finance trying to capture crypto users, but rather crypto trying to capture traditional users.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com