U.S. spot bitcoin exchange-traded funds drew $524 million in net inflows on Tuesday, the strongest single-day performance since October 10. BlackRock's IBIT led with $224.2 million, followed by Fidelity's FBTC at $165.9 million. Since launching in January 2024, these funds have accumulated $60.8 billion in total net inflows, with cumulative trading volume nearing $1.5 trillion.

JPMorgan Chase activated its USD-pegged institutional deposit token JPMD on Base, Coinbase's Ethereum Layer 2 network, following a pilot that began in June 2025. The token enables round-the-clock blockchain settlements through the bank's Kinexys platform, with each unit backed one-to-one by USD deposits in segregated JPMorgan accounts. Unlike retail stablecoins, JPMD targets banks and investment funds exclusively, with no public market trading currently available.

Bitcoin may decline to $50,000 between April and August 2026, according to an analysis by OpenAI's ChatGPT. The AI model cited weakening technical momentum after BTC failed to hold above $110,000, with the Relative Strength Index retreating to neutral levels and the price trading near its 200-day moving average at $87,000. Macroeconomic factors including Federal Reserve policy stance and rising exchange inflows were identified as potential pressure points for the cryptocurrency.

Bitcoin dropped 3% to $103,222 on Wednesday as investors took profits and uncertainty mounted over the Federal Reserve's December rate decision. The cryptocurrency briefly traded below $103,000 at around $102,600 earlier in the session. Traders are monitoring conflicting signals from Fed officials regarding a potential year-end rate cut, with the CME FedWatch Tool showing a 66.9% probability of a reduction at the December 9-10 meeting.

Fred Thiel, CEO of Marathon Digital Holdings, stated that Bitcoin mining is entering a challenging phase where only the most efficient operators with access to cheap power will remain viable. As network hashrate reaches record highs, profit margins are compressing industry-wide. According to Thiel, operational viability now depends primarily on securing low-cost energy sources as competition intensifies.

US-based Bitcoin exchange-traded funds recorded approximately $300 million in net inflows on Tuesday, ending a two-week period of net redemptions, according to SoSoValue data. Fidelity's FBTC led with $165.9 million, followed by Ark 21Shares' ARKB with $102.5 million. The shift indicates institutional investors are using recent price declines as accumulation opportunities.

Bitcoin is consolidating near $103,000 following two major U.S. cryptocurrency developments. Bitwise launched the first U.S. Solana ETF on October 28, attracting $420 million in its debut week. SoFi Technologies became the first national bank to enable direct Bitcoin trading for 12.6 million users, marking a significant shift in mainstream crypto adoption.

Bitcoin's weekly realized profit has declined to $1-$2 billion since late September, down from over $4 billion in July when long-term holders intensified distribution, data show. CryptoQuant CEO Ki Young Ju stated the asset remains under selling pressure but could represent a strategic buying opportunity for investors with conviction in the macroeconomic outlook. The moderation in sell-side activity suggests improved macro conditions could catalyze the next upward move.