Crypto
Bitcoin Spot ETFs See Record $3.5B Inflows Amid Ongoing Price Volatility
Bitcoin spot ETFs have seen their highest monthly inflows since July 2025, attracting approximately $3.5 billion in August, according to Glassnode data.
This influx of funds comes as Bitcoin trades within a specific price range, bounded by the upper resistance at $79,188.29 and lower support at $77,044.51.
The short-term volatility is framed by the EMA50 at $77,560.59, which acts as a cap on the upside against the EMA200 support at $71,746.17, amidst a MACD death cross and neutral RSI of 41.47.
These indicators suggest that Bitcoin's price may undergo a retracement before continuing its trajectory in scenarios that sidestep any potential crypto market crash and limit the impact of AI on flows.