Institutional demand for crypto remains strong, with $858 million flowing into crypto funds last week, extending a five-week inflow streak and marking the strongest weekly total since late April, according to CoinShares. Bitcoin funds alone attracted over $700 million, pushing year-to-date inflows to $4.9 billion. The catalyst is improving sentiment around the Clarity Act, per James Butterfill. Bitcoin trades around $81,000, just below the 200-day SMA at $82,000, which is seen as a key resistance level. Analysts at Marex suggest a daily close above $82,000 with steady spot demand could trigger the next leg higher; otherwise, price may consolidate between $79,000 and $82,000. Immediate support is at $80,400, with a demand zone near $78,200-$78,600. Meanwhile, Sui's SUI surged 12% after developers announced confidential transactions for privacy-preserving payments. Other gainers include XDC, KAS, HASH, and ATOM. In traditional markets, U.S. Treasury yields rose amid geopolitical tensions keeping oil prices elevated.

Key facts

• $858M inflow into crypto funds last week, best since late April.
• Bitcoin funds attracted $700M+; year-to-date inflows reach $4.9B.
• BTC near $81K, just below 200-day SMA resistance at $82K.
• Sui's SUI jumps 12% on announcement of confidential transactions.
• Ether volatility compresses to tightest since late 2023, signaling big move.

KeyAudit data perspective