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Bitcoin Price Hits $94k on ETF Inflows but On-Chain Activity Wobbles

April 26, 2025April 26, 2025 - by Shanice Murray - Leave a Comment

Bitcoin’s price surged to over $94,000, driven by $2.3B in ETF inflows, but on-chain activity remains subdued. Analysts highlight reliance on ETF traders over typical holders, with concerns over whale …

Bitcoin / Market

Bitcoin Price Surge Linked to ETF Flows, Not Network Activity, Analyst Says

April 24, 2025April 24, 2025 - by Nikita Petrov - Leave a Comment

An analyst has stated that Bitcoin’s recent price increase is largely driven by ETF flows and futures market open interest, not actual network usage. Despite a surge in Bitcoin’s price, …