Bitcoin Price Holds Steady Above $122K Amidst Surge in ETF Inflows

Bitcoin’s price remains stable around $122,000 after hitting a new all-time high of over $126,000 earlier this week. This momentum is fueled by significant inflows into U.S.-listed Bitcoin ETFs and rising activity in derivatives markets. While the market faces short-term volatility, Glassnode analysis indicates strong institutional interest with positive signs for price stability.