
Bitcoin rose above $64,000 as crypto market capitalization reached $2.26 trillion, with firmer BTC funding rates and renewed U.S. spot Bitcoin ETF inflows of about $85.9 million helping support sentiment.
The crypto market rebound extended into June 13, with Bitcoin rising above $64,000 and total cryptocurrency market capitalization reaching $2.26 trillion. Market data also showed renewed demand for U.S. spot Bitcoin ETFs, which recorded about $85.9 million in net inflows last Friday after a five-trading-day pause, led by BlackRock's IBIT with roughly $57.7 million to $58 million. Derivatives data showed Bitcoin funding rates on major centralized exchanges broadly turning positive, while Ether funding rates remained mostly bearish. Although intraday spot data later showed Bitcoin around $63,552 and Ether near $1,665, indicating limited 24-hour price changes, the combination of ETF inflows, broader sector gains and easing geopolitical concerns pointed to firmer Bitcoin demand and improving overall market sentiment.