Bitcoin (CRYPTO: BTC) has stabilized above $64,000 as rising ETF inflows and futures open interest has helped to offset the ongoing risk-off sentiment in the market.
BTC was trading at $64,420, up by 12% from its lowest point this year.
Bitcoin ETF Inflows and Futures Open Interest Jump There are signs that American investors are embracing Bitcoin, even as a risk-off sentiment spreads in the market.
On Friday, the Nasdaq 100 and S&P 500 indices dropped by over 1% as AI jitters escalated.
The US-Iran crisis also escalated, with crude oil prices soaring by over 15% from the lowest level this year.
