Stock Market LIVE Updates, Sensex Today: Sensex, Nifty Trade Flat As Asian Markets Rise

"Bitcoin's move above $86,000 marks a notable shift in market sentiment after several months of sustained pressure. The recovery above the important $80,000 level, alongside the formation of a golden cross, has added confidence to the broader market. Investors also appear to have looked beyond the setback to the CLARITY Act, focusing instead on continued regulatory activity from the SEC and CFTC separately. Cooling oil prices and the retreat in the US 10-year Treasury yield from the 5% level have further improved the environment for risk assets.

The $80,000-$82,000 region now becomes an important support zone, while $90,000 is the next major psychological level. Institutional participation has strengthened alongside Bitcoin's price recovery. US spot Bitcoin ETFs recorded approximately $617.6 million in daily net inflows, representing around 7,610 BTC, while aggregate ETF trading volume reached $5.72 billion. This is an encouraging sign because it suggests the rally is being accompanied by meaningful capital deployment and healthy market activity. 

Institutional demand was also visible beyond Bitcoin, with US spot Ethereum ETFs registering net inflows of approximately 55,640 ETH. Fidelity and Grayscale accounted for most of the reported allocation, indicating that investors are selectively rebuilding exposure to Ethereum alongside the broader recovery in digital assets. 

The broader macro environment remains supportive of risk assets, with the Nasdaq gaining 2.26%, the S&P 500 rising 1.49% and the Dow advancing 0.71%. Technology-led strength indicates improving investor confidence, which has provided a favourable backdrop for Bitcoin and the wider crypto market. Gold remained broadly flat, while oil edged higher to $96.19. Elevated crude prices remain an important risk to monitor because renewed inflationary pressure could keep interest rates and bond yields higher. For now, markets appear to be leaning towards risk, but the durability of this sentiment will depend on inflation data, energy prices and the Federal Reserve's policy signals."