

CoinShares reports that cryptocurrency investment funds faced another difficult week, posting $1.94 billion in outflows. This brings total withdrawals over the past four weeks to an impressive $4.9 billion. This marks the third-largest outflow wave in the history of crypto ETPs, trailing only the fee-driven drop in March and the decline in February 2018.
Still, a positive development emerged: the last few days of the week saw $258 million in inflows, hinting at early signs of improving market sentiment after seven consecutive days of heavy selling. This shift suggests investors may be reassessing their positions, especially following a sharp correction.
XRP was the only major asset to show strength, with funds seeing an impressive $89.3 million in inflows—even as XRP’s price fell 6.9%. This resilience likely stems from growing institutional adoption and bullish expectations for XRP’s role in cross-border payments.
Conversely, Solana funds experienced $156 million in withdrawals, and Bitcoin funds saw substantial outflows of $1.27 billion. Ether reported the second-largest outflow at $589 million. Meanwhile, Nansen’s “smart money” traders held $325 million in bearish Bitcoin positions but simultaneously made short-term bullish bets on XRP.
Late-week inflows point to the possibility of stabilizing sentiment, though substantial withdrawals signal short-term bearish pressure on BTC. If inflows continue and accelerate, Bitcoin may regain momentum after the current sell-off and potentially test key resistance levels.
Bloomberg reports that Bitkub, Thailand’s largest crypto exchange, is weighing an IPO in Hong Kong rather than Thailand, citing severe weakness in the local stock market. Through this planned IPO, Bitkub aims to raise $200 million to fuel regional expansion and develop new financial products.
Founded in 2018, Bitkub currently handles roughly $66 million in daily trading volume, solidifying its leadership in Thailand’s digital asset market. The platform offers a wide range of crypto trading and has expanded services to include staking and DeFi products.
The exchange’s initial plans to go public in Thailand in 2025 failed due to challenging market conditions. The Thai stock market has dropped 10% in recent months, reaching a five-year low driven by trade worries and political tensions with Cambodia. Foreign investors have already sold over $3 billion in Thai equities in 2025, underscoring eroding confidence in the local market.
Meanwhile, Hong Kong is enjoying an IPO surge. In the first ten months of 2025, the city raised about $28 billion through IPOs—a 209% jump year-over-year. This boom is fueled by Hong Kong’s favorable regulatory climate and its strategic role as a gateway between East and West.
Major crypto firms like HashKey Group and Bitcoin Depot have also been drawn to Hong Kong’s fast-growing digital asset sector. The city has established clear rules for crypto exchanges and is building a robust ecosystem for Web3 and blockchain innovation.
The listing of Central Asian crypto exchanges in Hong Kong boosts confidence in the region as a global digital asset hub. This move supports a positive long-term outlook for Bitcoin and elevates Asia’s role in institutional and mainstream adoption.
In mid-2025, Jack Mallers, CEO of the Bitcoin payments app Strike, had his JPMorgan Chase bank accounts abruptly frozen—rekindling concerns over crypto “debanking.” Mallers said the bank declined to explain the closure, stating only they were “not authorized” to disclose the reason. A JPMorgan letter referenced “concerning activity” detected during standard Bank Secrecy Act monitoring. Mallers now conducts banking operations through Strike.
This episode recalls previous times when US banks denied services to crypto businesses. Regulators have routinely pressured banks to avoid high-risk sectors like crypto under different administrations. The “debanking” trend became pronounced as traditional financial institutions viewed the crypto sector as a regulatory risk or competitive threat.
President Donald Trump issued an executive order mandating investigations and penalties for banks that unfairly refused services, aiming to prevent “politicized debanking.” Trump administration officials said these actions were designed to protect both Trump family businesses and crypto companies from banking discrimination.
The incident reinforces Bitcoin’s core narrative of censorship resistance and self-custody. As more crypto leaders face banking shutdowns, faith in Bitcoin as an alternative currency may strengthen its long-term prospects. The event highlights why decentralization and self-custody are foundational principles of the crypto movement—validating the need for financial systems independent of traditional intermediaries.
Bitcoin is stabilizing after bouncing from Fibonacci support at $86,800, with buyers defending key levels following weeks of heavy selling. The daily chart shows BTC trading within a falling channel, with resistance at $94,000—a convergence of the 20-day EMA and the 0.236 Fibonacci level.
Momentum is improving as the RSI rebounds from oversold levels near 30, showing early bullish divergence. This signals that selling pressure is easing and buyers are gaining traction. A breakout above $90,800 could confirm a short-term reversal and clear the way toward $94,000 and $97,000, both key retracement levels.
If the pattern evolves into a falling wedge, the next bullish target is around $107,000—a full recovery from November’s drop. Historically, falling wedge formations are viewed as bullish reversal patterns, especially when paired with declining volume during formation.
Holding above $86,800 keeps the bullish setup intact, limiting the downside and offering strong rebound potential. This level is critical support; maintaining it validates the recovery thesis. Traders should monitor trading volume during any breakout, as rising volume would confirm the move’s strength.
A close above $97,000 could reignite momentum toward the psychological $100,000 threshold, signaling renewed optimism for the next trading cycle. Additional indicators, like MACD and moving averages, should be watched for further confirmation of the emerging bullish trend.
Yes, Bitcoin can reach $100,000. Key drivers include $258 million in inflows to investment products, rapid IPO growth in Asia, rising institutional adoption, tightening supply, and expanding global demand for digital assets.
The $258 million in fund inflows boosts buying pressure for Bitcoin and signals institutional confidence. This sizable volume tends to push prices higher—potentially catalyzing a move back to $100,000, especially when combined with Asia’s IPO boom and accelerating adoption.
Asia’s IPO surge channels institutional capital into digital assets, increasing demand for Bitcoin and other cryptocurrencies. The $258 million influx and rising interest from Asian investors could catalyze Bitcoin’s return to $100,000, strengthening crypto markets regionally and globally.
Yes—with $258 million in new inflows and Asia’s IPO boom, Bitcoin could return to $100,000. It’s a promising window for investors seeking growth in the crypto market.
Bitcoin’s correlation with traditional markets is rising, especially during periods of crisis. Both are influenced by interest rates and global economic sentiment. Bitcoin offers diversification as an alternative asset, sometimes moving independently.
Significant institutional inflows boost market liquidity and stability, reducing volatility. This strengthens confidence in Bitcoin, draws more capital, and drives prices higher over time. Sustained institutional adoption tends to push Bitcoin toward new all-time highs.











