Bitcoin Breaks Out as ETF Flows Normalize

Bitcoin breaks out with a 3.6% gain, whales increase, volatility compresses, miners sell, reserves decrease, and hashrate rises. Bitcoin miners' behavior and the impact of the ETF launch on futures markets are explored. Market reactions to the rate cut delay, Bitcoin's decoupling from interest rates, and update on newly launched Bitcoin ETFs are discussed. The need for options market approval and Bitcoin as a risk-off asset are emphasized.