An analyst from Bloomberg suggests that resilient Bitcoin ETF holders and continued aggressive buying by Michael Saylor's firm are contributing to Bitcoin's price stability amidst macroeconomic uncertainties. According to Eric Balchunas, ETFs and Saylor are buying up Bitcoin during market corrections caused by various factors, including panic selling by less stable investors. Balchunas noted significant inflows into Bitcoin ETFs, amounting to $131.04 million over the last month, and highlighted that these ETF investors possess stronger holding capabilities, which helps lower Bitcoin's volatility over time. As of mid-April 2025, Bitcoin has maintained stability, trading between $75,000 and $88,000 despite external economic pressures, such as tariffs and interest rate speculations. The Bitcoin Volatility Index indicates a relatively low volatility at 1.80%, reflecting the strong hands of ETF holders and Saylor’s firm, which currently holds over 531,000 BTC. This suggests that as these holders remain invested, Bitcoin's price may become less correlated with broader market fluctuations, enhancing its long-term stability.

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