Crypto Daily | Bitcoin Reclaims $88,000 Level; Tom Lee's BitMine Nears 70% of Ethereum Treasury Target with Latest 40,302 ETH Buy

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The digital asset market has shifted back into the green this Tuesday. Bitcoin (BTC) reclaimed $88,000 level and Ethereum (ETH) pushed through $2,900, signaling a broader stabilization across the macro landscape.

Source: Tiger Trade App

U.S. Spot Bitcoin ETFs End Five-Day Outflow Streak With $6.84M Inflows

U.S. spot Bitcoin ETFs recorded total net inflows of $6.84 million on Jan. 26, snapping a five-day streak of net outflows, according to Farside Investors. Spot Ethereum ETFs also turned positive, posting $117 million in net inflows after four consecutive days of outflows. Meanwhile, Solana spot ETFs saw net inflows of $2.46 million, while XRP spot ETFs recorded $7.76 million in net inflows.

Matrixport: Central Bank Gold Buying Boosts Gold, Weighs on Bitcoin

Matrixport said continued gold purchases by central banks are supporting gold’s strength while putting relative pressure on Bitcoin. According to Mars Finance, the firm noted that rising concerns over the weakening purchasing power of the U.S. dollar, amid renewed tariff pushes and speculation over reduced foreign holdings of U.S. Treasuries, have driven central banks to shift more reserves into gold.

Official demand, particularly sustained buying by the People’s Bank of China, has provided strong support for gold prices. In contrast, Bitcoin remains largely absent from central bank reserve diversification frameworks, making gold the more mainstream asset for policymakers and helping explain the recent divergence in performance between the two.

BSC Prediction Markets Smash $10B Milestone; Opinion Defends 50% Share Against ‘Wash Trading’ Rival

Prediction markets on BNB Smart Chain (BSC) have reached a historic $10 billion in cumulative trading volume, with national volumes soaring past the $20 billion mark. According to the latest dashboard data from Defi Oasis, the sector has entered a phase of mature growth, with daily volumes stabilizing between $200 million and $300 million.

Market leader Opinion continues to leverage its first-mover advantage and aggressive points incentives to command over 50% of the market share. However, the landscape remains competitive: challenger platform Probable briefly seized the top spot using a disruptive zero-fee strategy, though its rapid ascent has been clouded by community-led accusations of wash trading to inflate organic activity.

Tom Lee's BitMine Nears 70% of Ethereum Treasury Target with Latest 40,302 ETH Buy

Ethereum treasury company BitMine Immersion's holdings have reached 4,243,338 — worth around $12.3 billion at current prices — following its latest weekly acquisitions.

BitMine bought 40,302 ETH since its last update on Jan. 20, reporting its total crypto and cash holdings stood at $12.8 billion on Monday. BitMine did not disclose the average purchase price, but at current prices, its latest ETH acquisition is worth around $117.1 million.

Bitcoin & Ethereum Spot ETF Flow

The overall net inflow of the US Bitcoin spot ETF on Monday was $6.84 million. The total net asset value of Bitcoin spot ETFs is $113.54 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.48%.

Source: SoSoValue

The Bitcoin spot ETF with the highest net inflow on January 26 was iShares Bitcoin Trust (IBIT), with a net inflow of $15.93 million, according to SoSoValue.

Source: SoSoValue