Bitcoin Surges: Best Two Days Since January 2024 as ETFs See Record Inflows

Bitcoin just posted its strongest two-day rally since January 2024, surging 2% in to hit $121,127. This bullish breakout is backed by a perfect storm of institutional buying and liquidations.
Spot Bitcoin ETFs recorded over $2.21 billion in inflows across just two days, the biggest since their launch. Heavyweight buying led by Japan’s Metaplanet, which added 797 BTC ($93.7 million), and fresh momentum from Grayscale’s filing for a Bitcoin-linked IPO are fueling renewed investor confidence. Adding even more fuel to the fire, a $453 million liquidation in short positions created a cascade effect, pushing prices higher.
With institutional accumulation heating up and technical indicators flashing green, Bitcoin’s rally could be just getting started.


How Digital Identity Is Evolving with Web3 Domains
The way we establish and manage our digital identities is undergoing a fundamental transformation. As we move beyond the traditional Web2 framework, Web3 domains are emerging as powerful tools that give users unprecedented control over their online presence.
August 7, 2025