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Top asset management team helps you profit without hassle
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Bitcoin price recovers above $109,000 on Monday, following a nearly 5% decline in the previous week.
Metaplanet adds 1,009 BTC to its treasury while ETFs recorded fresh weekly inflows of over $440 million.
Markets remain cautious, although traders are still betting that the Fed will reduce interest rates this month.
Bitcoin (BTC) begins the week in recovery mode, trading above $109,000 at the time of writing on Monday, following a nearly 5% decline in the previous week. The institutional demand helps BTC cushion downside pressure as Metaplanet added 1,009 BTC on Monday, while US spot Exchange Traded Funds (ETFs) logged more than $440 million in weekly inflows. Despite lingering caution across markets, traders continue to bet on the US Federal Reserve (Fed) interest rate cut this month, offering support to risk assets such as BTC.#Gate Square Creator Spark Program #Which Sectors Are You Watching in 2025? #Content Mining & Earn Rich Commission #Are You Bullish or Bearish Today? #Will Crypto Market Break Out in September?