CoinEx Daily: Bitcoin Firms on Fed Cut Bets and Renewed ETF Demand

Daily View

Bitcoin traded firmer, rebounding above the low-$60,000 area as ETF inflows resumed and large wallet activity pointed to continued accumulation, though today’s roughly $2.13 billion options expiry may keep near-term price action volatile. Macro conditions turned more supportive after sharply weaker U.S. payroll growth strengthened expectations for easier Fed policy, while softer oil outlooks and the potential for lower yields helped risk assets even as the dollar and rates remain key drivers. Overall crypto market sentiment improved from recent caution to a more balanced risk-on tone, with institutional adoption headlines and renewed Bitcoin demand offsetting lingering concerns around positioning and broader market fragility.

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