Bitget Analysis: Bitcoin ETF Inflows Hit $441M as Fed Dovishness Sparks Crypto Rally

The cryptocurrency market is experiencing a significant bullish momentum as Federal Reserve policymakers signal potential rate cuts ahead, creating favorable conditions for digital assets. According to recent data, spot Bitcoin ETFs have recorded $441 million in net inflows this week, marking the eighth consecutive day of positive flows. This sustained demand has propelled BTC to test its $126,000 all-time high, demonstrating the strong correlation between institutional investment and price performance. The combination of exchange outflows and robust ETF demand is creating a notable liquidity squeeze in the market, further amplifying the upward price pressure. Historical patterns reinforce this trend, with October's $1.2 billion single-day ETF inflow on October 6 directly correlating with BTC's previous record high. This consistent pattern of institutional capital flowing into Bitcoin through regulated channels underscores the growing maturity of the cryptocurrency market and its increasing integration with traditional finance. The Federal Reserve's dovish stance appears to be serving as a key catalyst, driving both institutional and retail investors toward Bitcoin as a hedge against potential monetary policy changes. For platforms like Bitget, this environment presents significant opportunities as traders seek exposure to the growing crypto market through sophisticated trading instruments and secure exchange services. The sustained ETF inflows, combined with favorable macroeconomic conditions, suggest that the current rally may have substantial staying power, potentially establishing new support levels and attracting additional capital from both crypto-native and traditional finance participants.

Bitcoin ETFs See Sustained Inflows as Fed Dovishness Fuels Crypto Rally

Federal Reserve policymakers signaled potential rate cuts ahead, sparking broad market gains. Spot Bitcoin ETFs recorded $441 million in net inflows this week—the eighth consecutive day of positive flows—as BTC tested its $126k all-time high.

Exchange outflows and ETF demand are creating a liquidity squeeze. October's $1.2 billion single-day ETF inflow on October 6 directly correlated with BTC's record high. "This cycle diverges from historical patterns," noted Bitget's Ryan Lee, highlighting institutional participation as a new variable.

Volatility persists near record levels, with BTC oscillating between $121k-$123k amid US government shutdown uncertainties. Market watchers interpret the flight to crypto as a hedge against macroeconomic instability, with analysts anticipating further upside.

Dogecoin Price Stability Explained by On-Chain Supply Dynamics

Dogecoin's price has remained remarkably stable, avoiding both sharp declines and significant rallies. On-chain data reveals a clear reason: dense supply clusters at key price levels are acting as buffers against volatility.

Between $0.247-$0.249, approximately 1.89 billion DOGE forms a solid support floor, preventing deeper drops below $0.24. Resistance proves equally formidable, with 1.39 billion DOGE clustered at $0.261-$0.262 and another 1.27 billion at $0.262-$0.264, creating a ceiling NEAR $0.27.

Derivatives markets mirror this equilibrium. Bitget's liquidation data shows nearly balanced long ($304 million) and short ($331 million) positions, eliminating leverage-driven momentum in either direction. The meme coin appears trapped in a narrow corridor - protected from crashes but constrained from breakouts.