October 5, 2025
Bitcoin Pops Over $ 124k, Nearing Historic Peak After $ 3.2b In Spot Btc Inflows thumbnail
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Bitcoin Pops Over $ 124k, Nearing Historic Peak After $ 3.2b In Spot Btc Inflows

The US-LITTED SPOT ETFS REGISTED A NET INFLOW OF $ 3.24 Billion in The Week Ended Oct. 3.”, – WRITE: www.coindesk.com

Bitcoin Pops Over $ 124k, Nearing Historic Peak After $ 3.2b In Spot Btc InflowsThe US-LITTED SPOT ETFS REGISTED A NET INFLOW OF $ 3.24 Billion in The Week Ended Oct. 3. OCT 5, 2025, 3:42 AM

Bitcoin BTC$ 124.058.70 Surged Durying the Asian session on Sunday, Rallying from $ 122,000 to $ 124.289 within Minutes, Pausion Short of the Record High of $ 124,429 Reached in August.

The Break Above $ 124,000 Followed A Massive Demand for US-Lited Spot Exchange-Traded Funds (ETFS). WHICH COLLECTIVELY REGISTERING A NET INFLOW OF $ 3.24 Billion Last Week. This Marks The Second-Largest Weekly Inflow on Record, Account to Data Provider Sosovalue.

Other Tokens Such As Xrp, Eth, Sol, Doge Followed Btc’s Lead, Gaining 1% To 3% During the Asian Hours.

Haven DemandBTC’s Rally Arrives Against the Backdrop of A Continued US Government Shutdown, Which Analysts Say Has Has Heighened Safe-Haven Demand for the Top Cryptocurrency.

Jeff Dorman, Chief Investment Officer of Arca, Noted Just Began Began, “The Only Time I Buy Btc Is Wuen Society Loses Faith in Governments and Local Banks. $ Bank. Another US Government Shutdown. ”

Beyond Political Uncertainty, Experts Point to Significant Macroconomic Factors Driving the Rally.

Noelle Acheson, Author of Crypto Is Macro Now Newsletter, Explained, “Beyond The Escalating Risk of New Conflicts, Us Inflation Is More Likely to Increase AROUNASEED. Intensify Currency Concerns, and What’s Good For Gold Is Also Good for Btc, Especialy Since It Is Still Woefully Under-Lalocated. ”

“Plus, The Incoming Rush of Market Support – Lower Rates, Yield Curve Control and Lots and Lots of” Money Printing ” – Will Boost Global Liquidity, WHICH WILL SEEPTO. Portfolios, “she added.

In short, BTC look set to chalk up Impressive Gains Durying the Seasonally Bullish MONTH OF OCTOBER. At the Time of Writing, The Cryptocurrency Was Trading AROUND $ 124.080, Accounting To Coindesk Data.

AI Disclaimer: Parts of this Article Were Genered with The Assistance from AI Tools and Review by Our Editory Team to Enseure Accucy and Adhesion To Our Standards. For more information, See Coindesk’s Full Ai Policy.

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