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Bitcoin Institutional Demand Surges as Market Holds Steady: Key Trading Insights for BTC and ETH | Flash News Detail | Blockchain.News
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6/24/2025 12:49:30 PM

Bitcoin Institutional Demand Surges as Market Holds Steady: Key Trading Insights for BTC and ETH

Bitcoin Institutional Demand Surges as Market Holds Steady: Key Trading Insights for BTC and ETH

According to CoinDesk, institutions are piling into cryptocurrencies, with JPMorgan filing for crypto platform JPMD and Strategy acquiring over 10,100 BTC worth $1.05 billion. Spot BTC and ETH ETFs registered inflows of $408.6 million and $21.4 million respectively, as reported by Farside Investors. BRN analysts maintain high conviction for price increases in 2025, citing strong institutional demand, while XBTO noted selective capital flows with altcoins experiencing significant sell-offs. Traders should watch the Fed rate decision and BTC's support at its 50-day SMA for potential market moves.

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Analysis

Bitcoin demonstrated notable resilience amid escalating Middle East tensions, holding steady near the $106,000 level despite geopolitical uncertainty from Iran-Israel hostilities. According to CoinDesk data, BTC traded within a narrow $2,500 range over the past 24 hours, while Bitcoin Cash emerged as the top performer among major assets with a modest 4% gain. This stability coincides with accelerating institutional adoption, highlighted by JPMorgan's June 17 filing for its JPMD crypto platform and Strategy's acquisition of 10,100 BTC worth $1.05 billion last week. Spot Bitcoin ETFs recorded $408.6 million in daily inflows according to Farside Investors, pushing cumulative flows to $46 billion. Regulatory progress continues as the GENIUS stablecoin bill advances through Congress, though markets remain cautious ahead of Wednesday's Federal Reserve decision. President Trump's denial of Iran peace talks via Truth Social further complicated geopolitical risk assessments, contributing to sideways price action despite strong fundamentals. The CoinDesk 20 Index reflected this stagnation, edging up just 0.81% as altcoins underperformed majors. Gold futures dipped 0.49% to $3,400.40 while the DXY dollar index climbed 0.21% to 98.20, indicating traditional safe-haven rotations. Pre-market declines in crypto equities like Coinbase down 1.85% and MicroStrategy down 2.09% suggest cautious institutional positioning before macro catalysts. Retail sales data due June 17 and UK inflation figures on June 18 present additional volatility risks. Despite short-term uncertainty, structural inflows suggest institutions view current levels as favorable for accumulation ahead of potential retail re-engagement later in 2025. The Market Factor tracking liquid crypto assets fell 4.06% according to XBTO analysis, signaling selective de-risking in altcoins while Bitcoin maintained support at its 50-day moving average near $104,000. Technical indicators show BTC dominance at 64.8% with hashprice holding steady at $53.71 per exahash, underscoring miner profitability. Annualized perpetual funding rates remained below 10% for most assets except HYPE at 40%, creating potential long squeeze conditions. Derivatives data reveals growing open interest in TRX, BCH, SHIB, TAO and XRP pairs, while Deribit's institutional block trading tool processed $23 billion in volume over four months. The memecoin USELESS defied broader stagnation with a 1000% weekly surge on Solana, generating $26 million daily volume despite having no utility. This retail-driven frenzy highlights divergences within crypto markets. Ether's CESR staking rate rose 9 basis points to 2.97% as spot ETH ETFs attracted $21.4 million in fresh inflows. Upcoming token unlocks pose supply pressures, including $88.8 million worth of Fasttoken on June 18 and $130.23 million in Sui on July 1. Critical macro events this week include the Fed rate decision at 2 p.m. ET June 18 and Brazil's central bank announcement at 5:30 p.m. the same day. Bitcoin's correlation with traditional markets appears weakening as S&P 500 futures fell 0.60% while BTC held steady. Institutional accumulation patterns suggest capital is consolidating rather than exiting crypto, with BRN analysts noting demand remains strong while sell pressure weak. This creates asymmetric upside potential should retail participation accelerate post-macro events or if ETH ETFs regain institutional inflows. The structural shift toward corporate dominance continues reshaping market dynamics, with regulated products increasingly dictating price discovery.

The Kobeissi Letter

@KobeissiLetter

An industry leading commentary on the global capital markets.

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