Bitcoin Touches $74,000 on Sustained ETF Inflows as $75,000 Options Barrier Caps Near-Term Upside

Bitcoin briefly traded above $74,000 on Monday, supported by strong institutional demand and about $1 billion in net inflows to global crypto ETFs last week, marking a third straight week of positive flows, ChainCatcher reports. U.S. spot Bitcoin ETFs accounted for most of the new capital, with Strategy and other firms continuing to add exposure and BlackRock's product drawing roughly $1.75 billion over the past three weeks. ChainCatcher's analysis notes that, despite institutional buying, tightened crypto market liquidity since late January and less than 50% of short-term holders being in profit point to a fragile market structure. Open interest in options is clustered around $75,000, and the report says Bitcoin has built an accumulation band between $62,000 and $72,000, suggesting price could stay range-bound unless a break above the $75,000 options zone triggers hedging-driven gains or, if it fails, ongoing consolidation while investors track geopolitical, energy and Federal Reserve developments.