Bitcoin Reclaims $80K as ETF Inflows Return, But Rally Lacks Full Conviction

TLDR: US Spot Bitcoin ETF inflows have turned firmly positive, signaling renewed institutional demand above the $80K level. The Realized Cap 30-Day Net Position Change recovered to $2.8B but trails the $10B+ seen in prior bull market phases. Bitcoin’s Relative Unrealized Loss compressed from 25% in February to 8%, shifting sentiment from fear to uncertainty. [...]

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