Bitcoin remained under $100,000 following the Bybit exchange hack and inflation fears, impacting market sentiment. The price fluctuated, initially climbing to $99,262 on Friday before dropping to around $96,750 after the hack. Over the week, Bitcoin experienced only a minor drop of 0.7%. Meanwhile, U.S. investors withdrew nearly $365 million from Bitcoin ETFs amidst cautious market dynamics and ongoing inflation concerns, pointing to a bearish trend in ETF flows. Despite this, investment firm Bernstein remains optimistic, predicting a potential rally in Bitcoin as adoption continues among institutions and corporations, with a projected price of $200,000 by year-end 2025. Additionally, financial services company Fold recently went public on the Nasdaq, signaling broader acceptance of Bitcoin within traditional markets, although its stock declined sharply post-launch. Meanwhile, DOG•GO•TO•THE•MOON has expanded to Solana, offering more accessibility to Bitcoin-related products, albeit its recent performance has also seen significant declines.

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