The post Bitcoin ETFs See 3rd Week of Inflows as BTC Dominance Grows appeared on BitcoinEthereumNews.com.

Key Notes Spot BTC ETFs continue their inflows for the third consecutive week. Bitcoin’s market dominance is almost at 64%. A crypto analyst expects Bitcoin to fall to $92,000. Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B is facing consolidation below the $95,000 mark while its market dominance has been consistently increasing. The largest cryptocurrency is currently trading at $94,450. The BTC price chart shows a consistent decline between May 2 and 5. This is usually a sign of an overheated market. According to data from CoinMarketCap, Bitcoin’s price fall came while its market dominance increased by 1.9%, reaching 63.9% — a level last seen in early January 2021. This movement could suggest that altcoins have been falling deeper than Bitcoin, hinting at lower price volatility for the leading asset. CMC data shows that the global crypto market cap fell 0.5% to $2.94 trillion. The total daily trading volume, on the other hand, rose almost 15% to $63.4 billion. Further Correction? The US-based spot BTC exchange-traded funds started their third consecutive week with strong inflows. According to data from SoSoValue, spot BTC ETFs recorded a net inflow of $425.5 million on May 5. The inflows solely came from BlackRock’s IBIT fund, worth $531.2 million. Five of the 12 BTC ETFs — FBTC, GBTC, ARKB, BITB and EZBC — recorded over $105 million in outflows. Ethereum-based ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B investment products remained neutral despite a trading volume of $113 million on May 5. Macro and crypto analyst Jason Pizzino’s analysis of the Bitcoin price movements suggests a further correction to $92,000. Bitcoin $92,000 support and local top signal lining up for the bears. 🔴 Detailed analysis in today’s video here 👇https://t.co/FM0HuWTpCQ pic.twitter.com/AfhwW8Q2SA —…

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Filed under: News - @ May 6, 2025 8:27 am