Bitcoin experienced volatility with fluctuations impacted by macroeconomic conditions, particularly news surrounding U.S. inflation and interest rates. As of now, Bitcoin's price remains around $84,150, showing little movement over the week. After a lack of investor confidence earlier, more than $734 million flowed back into Bitcoin ETFs this week, signalling a shift in sentiment among American investors. However, Ethereum ETFs suffered significant outflows amidst the downturn. Furthermore, the SEC clarified that Bitcoin mining does not require registration as it does not involve the sale of securities, indicating a more lenient regulatory stance. BlackRock's Digital Asset Head attempted to redefine Bitcoin's perception, arguing against labeling it strictly as a risky asset. This week saw Bitcoin's 30-day volatility rise significantly, leading to predictions of continued fluctuations ahead as market uncertainties persist.

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