Analysis News TheBitTimes.com

Institutional crypto investment vehicles enjoyed nearly $225 million in inflows last week, according to CoinShares. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that last week’s institutional crypto inflows, while positive, have fallen significantly in the last two weeks, perhaps due to uncertainty on US monetary policy. “Digital asset investment products saw US$224m in inflows last week, extending this 7-week streak to US$11bn. However, there has been a noticeable deceleration amid uncertainty over monetary policy, with investors adopting a wait-and-see stance ahead of further signals from the US Federal Reserve on inflation.” Source: CoinShares Regionally, the US led internationally with $175 million in inflows. Germany, Switzerland, Canada and Australia followed with $47.8 million, $15.7 million, $9.8 million and $6.5 million in inflows, respectively. “Minor outflows were seen in Brazil (US$9.2m) and Hong Kong (US$1...

Bloomberg senior commodity strategist Mike McGlone has warned that Bitcoin (BTC) could potentially fall to $40,000 despite currently trading above $100,000. McGlone tied his bearish outlook to broader macroeconomic trends, particularly the risk of deflation and a long-delayed recession that could weigh heavily on risk assets like Bitcoin, he said in an X post on June 3.  He pointed to a recent peak in the Bitcoin-to-gold ratio in May, suggesting it may have topped out, especially if U.S. equity markets begin to decline.  Bitcoin to gold ratio. Source: Bloomberg Intelligence “Bitcoin $40,000, Gold $4,000; Inflation vs. Deflation, Recession – The languishing price of Bitcoin vs. gold in 2025 may reflect anticipation of a typical cycle where deflation follows inflation,” he said.  The ratio, which recently hovered around 33, could narrow significantly if gold strengthens and Bitcoin weakens, a scenario McGlone views as increasingly likely. Wh...