According to Omkar Godbole, Bitcoin retreated from over $108,000 but remains supported by bullish catalysts. FHFA Director Bill Pulte ordered Fannie Mae and Freddie Mac to include cryptocurrency holdings in mortgage criteria via a statement on X, potentially boosting institutional demand. The Federal Reserve advanced plans to overhaul bank capital requirements, which could enhance credit creation for risk assets like BTC. Crypto market capitalization reached $3.31 trillion, nearing a volatility threshold as noted by FxPro analyst Alex Kuptsikevich. Spot Bitcoin ETFs recorded $548 million in net inflows over 12 consecutive days per Farside Investors, while Metaplanet acquired additional BTC and Bit Digital shifted its strategy to ETH staking.

According to Omkar Godbole, Bitcoin (BTC) retreated from $108,000 but remains bullish due to institutional adoption catalysts, such as the FHFA director ordering Fannie Mae and Freddie Mac to consider cryptocurrency holdings for mortgages, potentially boosting market momentum. The Federal Reserve's plan to overhaul bank capital requirements could enhance credit creation and support risk assets like BTC, which is sensitive to liquidity conditions. FxPro's Alex Kuptsikevich noted the crypto market cap reached $3.31 trillion, approaching a volatility threshold that may trigger increased selling pressure. Spot BTC ETFs recorded $548 million in net inflows over 12 consecutive days, while Metaplanet purchased 1,234 BTC, signaling strong institutional demand.