The post Why is Bitcoin’s price up today? $20M ETF inflows, China’s M2 supply & more… appeared on BitcoinEthereumNews.com.

Key Takeaways What factors are driving Bitcoin’s recent bullish momentum?  Rising liquidity in China and institutional inflows into U.S. spot ETFs are fueling Bitcoin’s upward trend. What could limit Bitcoin’s near-term rally despite positive indicators?  Heavy options selling pressure and weakening retail sentiment may create resistance and stall momentum. Bitcoin [BTC] has maintained bullish momentum over the past day, rising by 1.28% and opening a candle above $110,000 for the first time since the 12th of October. AMBCrypto analyzed the market to identify the key factors driving this momentum and what they could mean heading into the weekend. China’s liquidity push and institutional moves Bitcoin’s recent surge appears linked to the growing M2 money supply in China. The country’s M2 has continued to expand, recording a 0.87% increase over the past month, while global liquidity has fluctuated between $127 trillion and $128 trillion. Rising liquidity suggests higher cash circulation in the Chinese market, which could flow into assets like Bitcoin. The recent approval of a Solana [SOL] ETF in Hong Kong could also indicate growing investor readiness to deploy capital into digital assets, a move China may soon replicate. Source: Alphractal In the United States, institutional investors are also positioning themselves ahead of the weekend. Data shows that U.S. spot Bitcoin ETFs saw a $20 million inflow this week, signaling renewed confidence. This comes as the U.S. M2 supply remains flat, with 0.0% growth recorded over the same period. Market indicators signal accumulation potential On-chain and off-chain indicators suggest that Bitcoin’s bullish setup remains intact. The Short-Term Holder Net Unrealized Profit/Loss (STH-NUPL) metric shows that Bitcoin has entered a cooling phase, indicating investor discomfort. Historically, such stress among short-term holders often precedes accumulation phases and eventual price recoveries; a similar setup may now be forming. Source: Glassnode Bitcoin’s dominance has…

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Filed under: News - @ October 24, 2025 8:27 pm