Bitcoin (BTC) reclaimed $79,123 on Monday, up 2.04% in the past 24 hours and now 4.6% above last week's low, as steady U.S. spot ETF inflows and a fresh downshift in derivatives leverage reset the technical backdrop into Wednesday's FOMC decision. Trading volume across major exchanges totaled $24.7 billion, with the global crypto market capitalization climbing back above $2.71 trillion.
Ethereum (ETH) opened the U.S. session at $2,370, up 2.2% from Sunday's close at $2,318. Solana traded near $138, while XRP held above $2.10. The CoinDesk 20 index, a basket benchmark, gained 1.8% on the day with breadth heavily skewed to layer-1 majors and AI-tied tokens.
Institutional Flows Quietly Steady
BlackRock's iShares Bitcoin Trust (IBIT) added $232 million of net inflows on Friday, bringing five-day net subscriptions to $1.1 billion across the eleven U.S. spot bitcoin ETFs. Combined assets stand at $214 billion. Fidelity's FBTC and ARK's ARKB followed in second and third place. The ratio of long-term holders to short-term holders, a Glassnode metric, has climbed back above 5.4x — a classic late-cycle accumulation profile.
Coinbase (COIN), Marathon Digital (MARA), Riot Platforms (RIOT) and CleanSpark (CLSK) all closed between 2% and 4% higher on Monday, mirroring spot strength. MicroStrategy (MSTR) added $612 million of bitcoin to its treasury at an average price of $77,800, taking total holdings to 612,400