Bitcoin experienced a rekindling of interest, reclaiming 97,000 USD while garnering 908 million USD in ETF inflows by January 3. Despite closing strong, skepticism lingers without a decisive breach of 99,000 USD to cement bullish sentiments.

Institutional investors flocked significantly with the Fidelity Wise Origin Bitcoin Fund seeing a surge of 357 million USD. Additionally, the Coinbase Premium Index showed increased US buying pressure, elevating U.S. Investor influence on Bitcoin’s price Movement.