Markets are Smiling, Money Flopping Into Bitcoin Like a Lazy Cat into a Sunbeam ☀️
What’s the Ruckus About?
- U.S. bitcoin ETFs saw a splash of cash-$457.3 million-funneling in faster than you can say “HODL,” and that’s the biggest single-day smooch since November 11th.
- Fidelity Wise Origin Bitcoin Fund, the big shot on the block, hauled in $391.5 million-making it one of their top five days for gobs of loot.
- Bitcoin is strutting around with a swagger, snagging 60% of the crypto pie-the highest since last month when everyone thought it was worth a nice chunk of change.
Read All About It
BTCBTC$87,171.66◢0.20%
Well, well, well-Wednesday turned crypto upside down. BTC nearly hit $90,000, then cheekily dropped back below $86,000 faster than a cat with a laser pointer. The big wallets dumped a boatload of greenbacks into ETF baskets-$457.3 million, mind you. Most of that-$391.5 million-found its way into Fidelity Wise Origin Bitcoin Fund, which is basically bragging rights for a top-five inflow day. BlackRock’s iShares Bitcoin Trust also got a piece of the pie, snagging $111.2 million like a hungry hawk.
Bitcoin’s share of the whole crypto mess spiked up to 60%, its highest peek since November 14th, when BTC was flirting with the $100,000 mark-the good old days. Right now, it’s chillin’ around $87,000, probably counting its millions and planning its next move.
Today’s got more plot twists-interest rate cuts, inflation data, and who knows what else might shake the market’s fancy hat. Implied volatility is just below 50, which, in crypto talk, is like a dull afternoon in a dull town-quiet, not much happening, but you know the storm’s just around the corner. The Bank of England plans to cut rates, the ECB will likely sit back and sip tea, and later, both the U.S. and Japan will toss out some inflation numbers that could make the market dance like nobody’s watching.
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2025-12-18 15:08