Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Bitcoin (BTC) increases to $ 104K as SPOT Market dominates.
ADOPTION NEWS

Bitcoin (BTC) increases to $ 104K as SPOT Market dominates.

By Crypto FlexsMay 17, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin (BTC) increases to $ 104K as SPOT Market dominates.
Share
Facebook Twitter LinkedIn Pinterest Email

Timothy Morano
May 16, 2025 05:24

According to GlassNode, Bitcoin’s price has reached $ 100 million due to the accumulation of Spot Market and the inflow of ETF.





According to GlassNode’s latest insights, Bitcoin (BTC) has experienced significant meetings, mainly $ 104,000, mainly due to the strong demand of branches and ETF markets. The surge in this price is due to strong accumulation stages in the derivatives market and shortly short pressure.

The demand for the spot market leads the rally in bitcoin.

The rally between $ 35,000 and $ 104,000 has been proven to be in the field market due to a significant accumulation. The main accumulation area is confirmed between $ 93,000 and $ 95,000, providing short -term support. Major exchange, such as Coinbase, has a strong net purchase pressure, and the sales pressure of Binance has been alleviated but indicates a ‘purchase’ spirit.

In addition, the inflow of ETFs peaked at $ 339 million a day at the end of April and contributed greatly to upward momentum. This inflow has slowed to $ 55 million a day, but it continues to support the strong trend.

The derivatives market is behind

Despite the strong field market performance, the derivatives market struggled to maintain speed. Open interest in the permanent future market has shown contraction due to short pressure, which has cleared many leverage short positions. This open interest decrease, 336,000 BTC at 370,000 BTC 336,000 BTCs suggest a healthier market with less leverage.

The rate of financing of major exchanges remains neutral, and there is a lack of excessive long -distance leverage, which is a positive signal of the strong driving force.

Institutional interest is still strong

Institutional investors have continued to show their interest in Bitcoin, especially through the SPOT ETF. The weekly average influx of ETF wallets reached $ 380 million a day, reflecting strong institutional demands similar to the previous market rally in 2024.

The option market shows optimistic feelings

The options market also showed a shift to strong feelings. One month 25 Delta SKEW has dropped to -6.1%, and traders speculate more about the upward movement and strengthen the optimistic outlook of Bitcoin.

Overall, Bitcoin’s rally is mainly on site at $ 104,000, and there is a powerful hot chain accumulation and landscape. While the derivatives market catches up, the current market epidemiology proposes a strong trend that has continued with institutional support.

To get additional insights, visit the GlassNode website.

Image Source: Shutter Stock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

EthosX secures $1.8 million in funding from top investors

December 14, 2023

Hong Kong bans two cryptocurrency sites that mislead investors

December 7, 2023

Three ramp-and-dump cases transferred to district court

June 20, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.