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    Home » News » Bitcoin’s $90K Comeback Tour Starts Now

    Bitcoin’s $90K Comeback Tour Starts Now

    Bitcoin reclaims the spotlight as ETF inflows surge, short sellers get squeezed, and crypto momentum builds amid equity market rebounds.

    Editorial Team (ET)June 8, 2025



    Bitcoin just reminded the world why it’s still the heavyweight champ of digital assets. On Monday, it cracked the $90,000 mark for the first time since early March—sending shockwaves across both the crypto world and traditional markets. This isn't just a number; it's a psychological level that says one thing loud and clear: the bulls are back in town.

    Fueling this breakout was a confluence of technical triggers, a resilient equities market, and a wave of institutional capital flowing into Bitcoin ETFs. On what’s now being dubbed “Turnaround Tuesday,” the Nasdaq rose over 1%, breathing life back into risk assets and amplifying bitcoin’s five-day surge of over 5%.

    But let’s not forget where we’ve been. Just two weeks ago, Bitcoin was deep in the trenches. On April 8, it was down nearly 20% on the year, having cratered more than 30% from its January all-time high near $109,000. That selloff was brutal—it surpassed even the August 2024 plunge to $49,000 and marked the steepest correction in the current bull cycle.

    What makes this rebound even more compelling is the structure of the market behind it. Perpetual futures funding rates have turned negative, which means short sellers are now paying to hold bearish bets. That’s the kind of setup that creates explosive rallies. Why? Because when the pressure builds and shorts get squeezed, they’re forced to buy back into the market—fueling upward momentum like tossing gasoline on a campfire.

    The data backs it up. Monday saw over $380 million in inflows into U.S. spot bitcoin ETFs—the biggest single-day tally since Jan. 30. For a market that’s been quietly digesting macro uncertainty, rate volatility, and tech sector whiplash, that’s a loud signal that institutional investors aren’t just dipping their toes—they’re diving back in.

    And while the S&P 500 has slumped from over 5,700 points on March 7 to below 5,200, Bitcoin seems to be running on a different track entirely. It’s once again proving that it's not just a tech asset or inflation hedge—it's a barometer of confidence in decentralized money itself.

    Yes, year-to-date, Bitcoin is still down over 5%, but momentum is everything in this market. With key technical resistance levels ahead, the coming days will be crucial. If BTC can hold above $90K and consolidate, it opens the door to retesting the $100,000 level. And let’s be honest, there’s nothing casual about Bitcoin flirting with six figures again.

    But let’s also be real. Crypto is never a straight line. Every surge brings questions. Can the rally hold? Will macro headwinds like inflation data or central bank policies slam the brakes again? Or are we finally witnessing the early stages of another parabolic leg?

    One thing’s certain—this isn’t just about price. It’s about confidence. The kind that comes roaring back when ETF flows spike, when shorts get crushed, and when crypto proves—once again—that it refuses to be ignored.

    Conclusion

    Bitcoin’s surge back to $90,000 isn’t just a number on a chart—it’s a statement. A declaration that the bulls aren’t done. That this cycle still has legs. As institutional money floods in and technicals flip bullish, all eyes are on what comes next. Will $100K be the next stop? The market is watching. Closely.

    Bitcoin





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