Bitcoin’s Stability Amid Market Tensions
- Bitcoin trades between $107,000 and $111,000.
- Institutional inflows into spot-BTC ETFs remain steady.
- The Bitcoin Conference in Las Vegas is a potential volatility catalyst.
- US spot-Bitcoin products absorbed 7,869 BTC last Friday.
- Net inflows for the week ending May 23 reached $2.75 billion.
Bitcoin’s price remains stable within a narrow range despite market tensions and upcoming events that could influence volatility. Institutional ETF inflows provide support, while traders prepare for potential shifts around the Las Vegas conference.
Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoin-calm-dangerous-vegas-june-reversal/?rand=52377
