Crypto News Catchup: ETFs, Safe-Haven Demand, and Policy Shifts Fuel Breakout Hopes

Bitcoin and the broader crypto market are gaining fresh momentum as investor sentiment turns increasingly bullish. Strong inflows into Bitcoin ETFs, rising safe-haven demand, and improving technical signals are fueling optimism for higher prices ahead. Meanwhile, El Salvador continues its Bitcoin strategy despite pressure, and new leadership at the SEC promises a friendlier regulatory environment for digital assets. Together, these developments are setting the stage for a potential breakout phase in crypto markets.

Bitcoin ETFs Surge with $3B Inflows as Crypto Comeback Gains Steam

U.S. spot Bitcoin ETFs attracted over $3 billion in inflows last week — the highest in five months and the second-largest on record — as crypto prices rebounded. This marks six consecutive days of net inflows, driven mainly by the two largest funds. Bitcoin’s price surged from $75,000 to around $95,000, fueling demand for safe-haven assets. Spot Ethereum ETFs also broke an eight-week outflow streak, adding $157 million, though ETH fund values remain well below early 2025 levels.

Gold, Bitcoin Shine as Safe Havens Amid Global Tensions

Geopolitical tensions are pushing central banks to diversify away from traditional dollar-based reserves, increasingly turning to gold and Bitcoin. Growing global fragmentation is boosting demand for uncorrelated assets, with Bitcoin gaining recognition alongside gold as a safe-haven store of value. Analysts note that Bitcoin is decoupling from U.S. equities, strengthening its appeal amid rising macroeconomic uncertainty.

Technical Analysis

Bitcoin’s recovery from its April 7 low of $74,377.98 continues to gain traction, with BTCUSD now targeting the 61.8% Fibonacci retracement level at $96,360.68, measured from the $109,899 all-time high. The move marks a gain of over 28% from the recent bottom.

Technical indicators are increasingly bullish: the 20-period Exponential Moving Average (EMA) has crossed above the 50-period EMA, signaling potential for continued upside. Meanwhile, the Momentum Oscillator remains firmly above the 100 line, and the Relative Strength Index (RSI) holds above the 50 level, reflecting strengthening buying pressure.

If this momentum persists, key resistance levels to monitor are $96,360.68, $97,619.30, and the previous all-time high at $109,899.00. On the downside, a shift in sentiment could bring support levels at $88,658.18 into focus, with further downside risk extending toward $82,911.38 and $74,377.98.

El Salvador Sticks to Its Crypto Path

Despite assurances to the IMF about halting Bitcoin accumulation, on-chain data shows El Salvador continues to quietly grow its Bitcoin reserves. While the IMF praised the country’s fiscal reforms, which could unlock $3.5 billion in financial aid, El Salvador remains committed to expanding its strategic Bitcoin holdings and positioning itself as a rising tech innovation hub.

Strong Inflows Set Bitcoin on Course for $108K

Bitcoin’s bullish fundamentals continue to strengthen, with analysts suggesting the cryptocurrency could reach $108,000 if capital inflows persist. Despite short-term risks of minor pullbacks due to market overextension, overall liquidity improvements and strong investor accumulation point to a durable upward trend. Analysts emphasize that dips should be seen as healthy corrections within Bitcoin’s broader rally.

New SEC Chair Pledges Clearer Crypto Rules

New SEC Chair Paul Atkins criticized the previous administration’s stance on crypto, calling it harmful to innovation. In his first public address, Atkins praised recent moves to ease crypto regulations, highlighted the work of the agency’s new crypto task force, and emphasized his commitment to creating clear, supportive rules for the digital asset industry. He signaled that fostering crypto growth will be a major focus during his leadership.

Conclusion

With strong ETF inflows, rising safe-haven demand, supportive technical signals, and a more favorable regulatory outlook, Bitcoin and the broader crypto market appear well-positioned for further gains. While short-term volatility remains possible, the foundations for a longer-term breakout are strengthening, keeping sentiment firmly tilted toward the upside.