Bitcoin rises and recovers part of the losses with the recovery of ETFs
Bitcoin rose on Monday afternoon, recovering part of the losses recorded the previous week. The market evaluates investment flows in ETFs, as well as geopolitical tensions with the suspension of attacks in the Middle East.
Meanwhile, Strategy returned to purchasing units of the digital currency a week after announcing the sale of bitcoins.
At around 4:02 pm (in Brasília), bitcoin was up 2.14%, at US$63,397.66, while ethereum was up 3.32%, at US$1,684.75, according to the Binance platform.
For FxPro, investors are trying to take advantage of low prices to buy bitcoin for less than half the price reached between July and October 2025. Zaye Capital Markets classifies the recovery as "fragile", reflecting the resumption of inflows into ETFs after a sequence of 13 days of outflows.
The sentiment is also supported by the signaling of accumulation by the main investors in the long-term cryptocurrency, they point out.
Despite the suspension of attacks between Iran and Israel, the maintenance of tensions in the Middle East continues to "fuel a difficult environment for cryptocurrencies", according to Kudotrade, given the high inflationary fears that lead to expectations for a more restrictive monetary policy.
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In Bitfinex's assessment, digital assets are being incorporated into the financial system and, as a result, begin to "increasingly respond to the same supervisory mechanisms, the same macroeconomic forces and the same capital allocation criteria that influence other markets".
Strategy, the largest corporate holder of bitcoin, once again bought the digital currency. The company acquired 1,550 bitcoins for US$101.3 million in total at around US$65,332 each, between June 1st and 7th. The previous week, Strategy announced the sale of bitcoins for the first time since 2022.
For RootstockLabs, this was one of the "several factors" that led the currency to fall, along with the "race for liquidity" before several IPOs, such as SpaceX.
*With information from Dow Jones Newswires.
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Source: CNN