MARKETS
Bitcoin Holds Above $94K as ETF Demand Steadies
Spot ETF flows and steady funding kept the largest cryptocurrency range-bound near record territory.
Bitcoin traded above $94,000 on Thursday, little changed on the day, as steady inflows into spot exchange-traded funds offset light profit-taking.
What moved
Funding rates stayed positive but modest, suggesting leverage is not yet stretched. Ether tracked higher in sympathy.
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Why it matters: steady ETF demand near highs signals durable institutional participation rather than a speculative blow-off.