According to Omkar Godbole, Bitcoin (BTC) retreated from $108,000 but remains supported by strong institutional adoption, including FHFA director Bill Pulte's directive for Fannie Mae and Freddie Mac to consider cryptocurrency holdings in mortgage assessments, potentially boosting demand for BTC and other digital assets. FxPro analyst Alex Kuptsikevich highlighted the crypto market capitalization nearing a volatility threshold at $3.31 trillion, with the Fear and Greed Index at 74 indicating high optimism. Spot BTC ETFs recorded $548 million in net inflows over 12 consecutive days, as reported by Farside Investors, while Metaplanet purchased an additional 1,234 BTC, reinforcing corporate treasury strategies. Upcoming events like CME's spot-quoted futures launch and key macroeconomic data releases could further influence market movements.

According to Omkar Godbole, Bitcoin retreated from a high of $108,000 but remains supported by bullish catalysts, including the Federal Housing Finance Agency's directive under Bill Pulte for Fannie Mae and Freddie Mac to consider cryptocurrency in mortgage criteria, potentially boosting crypto demand. Spot Bitcoin ETFs recorded a $548 million net inflow for the 12th consecutive day, as reported by Farside Investors, while the crypto market cap neared a volatility threshold at $3.31 trillion, per FxPro's Alex Kuptsikevich. Upcoming events like CME Group's spot-quoted futures could impact trading.