Bitcoin climbed back above $84,000 after recording roughly $31 million in net inflows into U.S. spot Bitcoin ETFs on Monday. Ether outperformed among major assets with gains around 2%, while Treasury yields remained near recent highs, providing a mixed macro backdrop for risk assets.
What it moves
BTC, ETH
Bull vs bear
Bulls see the ETF inflows as fresh institutional demand confirming Bitcoin's floor and positioning for continuation higher as yields stabilize. Bears view the modest $31 million inflow as underwhelming relative to prior weeks and argue that steady elevated Treasury yields will keep pressure on leveraged crypto exposure.