Bitcoin is stabilizing around 92 thousand dollars.

Bitcoin markets are stabilizing in Asia, but continue to remain structurally weak. Short-term investors dominate the market supply.

Additionally, while it is observed that Exchange-Traded Fund (ETF) flows in the United States are showing stability, on-chain activity remains at levels close to cycle lows. This situation indicates weak capital inflows.

On one hand, Bitcoin and Ethereum prices are showing recovery thanks to spot demand and improving market sentiment. On the other hand, gold is supported by employment data in the United States and expectations of interest rate cuts from the Federal Reserve.