Major US-listed crypto ETFs saw inflows across Bitcoin, Ethereum, Solana, XRP, and Dogecoin, signalling renewed institutional interest, reports Bybit.
Bitcoin surged past $91,000 this week, marking a 14% rebound over seven days, signalling renewed optimism in the crypto market as fears of volatility begin to ease. According to Bybit, the rise comes despite US holiday-thinned liquidity, with traders closely watching whether BTC can reach the $95,000 upside target.
Bybit reports that broader financial markets are showing signs of stability, supporting Bitcoin’s recovery. The S&P 500 has rebounded 4.75% over the past week, nearing its October intraday record high. Gold remains near a two-week high at $4,200, while the US dollar index (DXY) holds steady after three consecutive days of declines.
Market expectations for Bitcoin volatility over the next 30 days have decreased, and inflows into major US-listed crypto ETFs, including Bitcoin, Ethereum, Solana, XRP, and Dogecoin, have been recorded over the past week, according to Bybit data. Favourable funding rates for Bitcoin perpetual futures and rising open interest for $100,000 call options indicate increasing long-position demand. Despite this, Bybit’s Market Sentiment meter still reads “Fear” at 22, up from “Extreme Fear” at 11 a week ago, reflecting cautious optimism.
Meanwhile, Bybit highlights that SD, the token for Stader Labs, a liquid staking platform, has climbed to a two-week high near $0.40, bouncing from near two-year lows. SD is testing its 50-day simple moving average, a resistance level it has struggled to surpass since September. The rally appears fueled by community enthusiasm on social platforms, though analysts note that sustaining this momentum will require broader market support.
Smaller altcoins are also showing signs of recovery, with Bybit reporting that the CoinDesk 20 index recorded its fifth advance in six days, reflecting a tentative return of risk appetite among crypto traders.
Meanwhile, in recent days, Bitcoin has shown signs of recovery despite volatility, with long-term holders steadily accumulating while short-term sellers exerted pressure, according to CryptoQuant.
