Bitcoin Holds $75K Despite 12-Month Low Social Engagement and Record Inflows
Bitcoin trades steadily around $75,130 amid a 12-month low in social engagement at 52.62 billion, down 20% year-on-year per LunarCrush. This follows a recovery above $70K, contrasting with retail apathy in Google Trends and active addresses. Institutional demand surged with $1.4 billion weekly inflows into crypto products, including $1.116 billion for Bitcoin (YTD $3.1B) and $328M for Ethereum. Analysts project a bullish Q2 close at $85K–$90K, with $65K–$70K as local support.