Odaily News Bitfinex Alpha reports that last week, Bitcoin continued to trade in a multi-week range, with prices even falling below the weekly opening price at one point, but closed up 4.2%. As volatility compresses and liquidity decreases, Bitcoin's short-term price movements increasingly reflect the behavior of macro-sensitive assets. Daily exchange inflows have also fallen by more than 54% from the cycle peak, reflecting widespread investor indecision and a decline in short-term risk appetite. As Bitcoin consolidates near the lower end of its range, price movements may depend on new institutional flows and macro clarity, especially in terms of liquidity conditions and central bank policies.
Adding to the momentum, President Trump became the first U.S. president to address a cryptocurrency summit, calling for stablecoin legislation, identifying a strategic Bitcoin reserve, and promising regulatory clarity. Together, these developments reflect a maturing industry entering a new phase of legitimacy and growth.