Strive, Strategy stocks in focus as Bitcoin price eyes strong comeback

The coin has some potential catalysts, including rising ETF inflows. These funds added over $102 million this month, with BlackRock’s IBIT adding over $195 million. Grayscale’s $BTC added over $14 million, while Morgan Stanley’s MSBT added over $7 million.

These inflows were offset by significant outflows from Fidelity, Grayscale, Bitwise, and VanEck. The funds had over $2.6 billion in inflows last month after adding over $3.52 billion. They have now had net inflows of $1.5 billion this year, with their cumulative inflows jumping to $57.6 billion. These funds now hold over $109 billion.

Soaring ETF inflows is a bullish catalyst for Bitcoin because it means that retail and institutional investors are in an accumulation mode.

Bitcoin price is also rising as investors watch the developments in the bond and energy market. Brent and the West Texas Intermediate (WTI) retreated to $101.4 and $91.85, respectively. US bond yields have also moved sideways today.

A strong Bitcoin rally to $100,000 would boost the value of Strategy’s and Strive’s assets. Strategy now has 847,666 coins, while Strive has 27,462. A surge to $100k would be valued at over $84.7 billion and $2.7 billion.

Bitcoin price has strong technicals