Bitcoin Holds $74K as ETF Inflows and Macro Hopes Fuel Bullish Momentum
The post Bitcoin Holds $74K as ETF Inflows and Macro Hopes Fuel Bullish Momentum appeared on BitcoinEthereumNews.com.
Price gains were bolstered by reports that peace negotiations between the US and Iran might once again begin this week. The second-largest daily inflow in April for spot Bitcoin ETFs was $411.5 million on Tuesday, according to SoSoValue statistics. At the time of writing on Wednesday, Bitcoin’s (BTC) price was hovering around $74,000, a crucial breakthrough level that, if maintained, would indicate a positive trend moving forward. Spot Exchange Traded Funds (ETFs) saw inflows of more than $410 million on Tuesday, bolstering the Bitcoin price. This comes as reports suggest that the US-Iran peace negotiations might begin this week. At the same time, a market analyst has pointed out that short squeezes are imminent for Bitcoin. Price gains were bolstered by reports that peace negotiations between the US and Iran might once again begin this week. As of Wednesday’s writing, Bitcoin was trading slightly above $74,000 as per data from CMC. This risk-on mood was fueled by positive comments from Donald Trump regarding a permanent truce with Iran, even though the first round of talks ended without a breakthrough over the weekend. Recent days have shown indications of escalating pessimism, according to K33 Research, rather than sustained stagnation. After Bitcoin’s significant rebound on Monday, the Binance exchange’s funding rates for the BTC/USDT pair stayed negative for 11 straight periods over the weekend and have exhibited no acceleration. The expert pointed out that despite the increase in the price of Bitcoin, funding rates have been negative and open interest has been on the rise. Institutional Flow Widens Following Goldman Sachs’s entry into the Bitcoin ETF industry, US-listed spot Bitcoin ETFs saw a return to large daily inflows. The second-largest daily inflow in April for spot Bitcoin ETFs was $411.5 million on Tuesday, according to SoSoValue statistics. New investments brought the year-to-date net flows for 2026 to…
Filed under: News - @ April 15, 2026 6:36 pm