📈 Bitcoin's price holds steady around $57K, thanks to a healthy inflow into spot Bitcoin ETFs. BlackRock's iShares Bitcoin Trust and Fidelity's Bitcoin Fund lead the pack, cushioning against price drops even as large investors sell off. 🏦💰

🇩🇪 Meanwhile, Germany's sale of a significant amount of seized BTC adds a twist. Not all transfers were sales, some BTC was returned, likely due to unmet price expectations. Germany still holds $1.31 billion in BTC, hinting at potential market influence. 🌍💼

🏛️ Federal Reserve Chairman Jerome Powell's recent testimony has Bitcoin investors on their toes. Hints of potential rate cuts if inflation improves have sparked optimism. Lower interest rates could make BTC more attractive, contributing to its price resilience. 📉💵

🔮 The Bitcoin market remains cautiously optimistic. Spot Bitcoin ETFs provide stability, while Powell's hints about rate cuts add potential bullish momentum. As long as ETF inflows stay strong and Powell maintains his stance, Bitcoin's price may hold steady or even rise. 🚀💹 #Bitcoin #ETFs #InvestmentNews