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Bitcoin remains above $80,000 as liquidity and crypto markets demonstrate resilience despite ETF outflows and Saylor’s comments. This week’s U.S. CPI, PPI, and retail sales data may shift expectations around monetary policy. The Senate Banking Committee will review the CLARITY Act, a move that could enhance the likelihood of Bitcoin ETF approvals and boost institutional inflows. Low volatility and a VIX near 18 indicate limited market pressure.

Huoxing Finance reports that on May 11, QCP stated that the U.S. will release key inflation data this week (CPI, PPI, and retail sales), with markets focused on whether inflation is stabilizing rather than accelerating again. If the data shows inflation has stabilized, it could support expectations of loosening financial conditions and push real yields lower—a historical bullish factor for crypto markets. Conversely, if inflation continues to rise, it would reinforce expectations of sustained policy tightening and weigh on risk assets. Despite outflows from spot ETFs last Thursday and Friday, along with concerns over Saylor’s remarks about selling Bitcoin, Bitcoin has held above $80,000, a performance viewed as constructive. Additionally, the U.S. Senate Banking Committee plans to review the CLARITY Act this week. Although this remains a procedural step rather than a final vote, it signals important legislative progress. Any advancement will influence market expectations regarding regulatory clarity, thereby impacting ETF flows and broader institutional capital inflows. Current crypto volatility remains low, near this year’s trough, with the VIX index hovering around 18, indicating relatively limited overall market pressure. In the short term, cryptocurrencies may remain range-bound, with $84,000 serving as a key resistance level. The market is now awaiting further clarity on inflation trends and macro factors such as the U.S.-Iran situation.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.