Bitcoin has surged 12% over the last week, currently trading at around 93,133 USD. Spot ETFs have seen significant inflows totaling 900 million USD, indicating strong interest.
Markus Thielen warns that a decreasing stablecoin minting indicator suggests potential instability in the rally, which could hinder Bitcoin’s upward trajectory.
Despite recent trading activity possibly indicating short-term strategies, overall market sentiment remains uncertain amid geopolitical factors affecting investor confidence.
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