Bitcoin Reclaims $84,000 Amid Easing Selling Pressure
Bitcoin reclaimed the $84,000 mark on Tuesday after experiencing mild losses the previous day.
The US-listed spot ETFs saw a modest inflow of $31.07 million on Monday, while Strategy added 1,665 BTC to its reserve.
This increased institutional and corporate demand could ease selling pressure and support Bitcoin's recovery.
SoSoValue data shows that the spot Exchange Traded Funds recorded mild inflows last Monday, marking the eighth consecutive day of positive flow since mid-September.
Michael Saylor announced on Monday that his firm, Strategy, acquired 1,665 BTC after buying 950 BTC the previous week. This move suggests Saylor's company is returning to its familiar approach of aggressively accumulating BTC, supporting a bullish outlook for Bitcoin.