Bitcoin (BTC) news: Bulls eye $88,000 as ETFs, Coinbase premium and macro turn supportive
By Omkar Godbole
Published on April 12, 2026.
Bitcoin BTC traded lower on Sunday due to geopolitical concerns, but several crypto-specific drivers continue to point towards a potential move towards $88,000 and higher. Market sentiment remains positive, with the world's largest publicly listed bitcoin holder, Strategy, purchasing $330 million worth of bitcoin last week, increasing its total holdings to 766,970 BTC. Meanwhile, U.S.-listed spot bitcoin ETFs recorded net inflows of $787 million this week, marking the strongest weekly inflow since March. This move suggests a significant increase in investor confidence in the market. Markus Thielen, founder of 10x Research, believes that the potential passage of the Clarity Act later this quarter provides a structural path for further upside in crypto markets.
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