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The Coin Rise 2025-04-18 08:18:48

Bitcoin Stability Points to Stronger Hands Behind the Wheel

As global markets continue to grapple with political noise and economic uncertainties, Bitcoin has managed to hold its ground, trading steadily between $75,000 and $88,000 over the past month. While this kind of range-bound movement might seem unremarkable at a glance, a closer look reveals a telling story about the maturing investor base behind the world’s largest cryptocurrency. ETF Inflows and Saylor’s Strategy Keep BTC Anchored According to Bloomberg ETF analyst Eric Balchunas, this newfound steadiness in Bitcoin is no coincidence. In an April 16 post on X, Balchunas attributed the crypto’s resilience to two dominant forces: disciplined spot Bitcoin ETF investors and the unrelenting buying spree led by Michael Saylor’s firm, Strategy . “The ETFs and Saylor have been buying up all ‘dumps’ from the tourists, FTX refugees, GBTC discounters, legal unlocks, govt confiscations and Lord knows who else,” Balchunas commented, painting a picture of seasoned hands absorbing panic-driven exits. Data backs his claim. Since January 1, spot Bitcoin ETFs have raked in a net inflow of $2.4 billion, with $131 million entering in just the past 30 days. Despite the turbulent macro backdrop—characterized by tariffs imposed by the U.S. President Donald Trump and uncertainty surrounding Federal Reserve rate decisions—these ETF investors have held firm. Balchunas believes this “should” have a long-term calming effect on Bitcoin’s volatility and its correlation with other risk assets. Bitcoin Resilience as Traditional Assets Stumble Supporting this thesis, the Bitcoin Volatility Index currently sits at a modest 1.80%, marking a stark contrast to the crypto’s previously erratic behavior. At the time of writing, BTC is trading at $84,610. Michael Saylor’s Strategy has also continued to double down on Bitcoin. On April 14, the firm added another 3,459 BTC to its already massive stash, shelling out $285.5 million at an average price of $82,618 per coin. With over 531,000 BTC on its books, Strategy has cemented itself as a heavyweight force behind BTC supply absorption. Even skeptics have taken notice. Prominent stock market commentator Dividend Hero—once critical of Bitcoin—publicly acknowledged its relative strength. “Seeing it not tank while the stock market does is very interesting to me,” he remarked after Trump’s so-called “Liberation Day.” The post Bitcoin Stability Points to Stronger Hands Behind the Wheel appeared first on TheCoinrise.com .

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