Bitcoin price holds above $68K; DOT, UNI, ADA rally on ETF inflows

Bitcoin steadied above $68,000 over the past 24 hours as the global crypto market cap climbed more than 4%. Polkadot (DOT), Uniswap (UNI) and Cardano (ADA) led gains while spot Bitcoin exchange-traded funds posted roughly $697 million in net inflows and exchanges cleared about $468.5 million in short positions.

Total market capitalization rose from roughly $2.19 trillion to $2.35 trillion in the period. Bitcoin held short-term support and traded in a tight range after recent volatility, staying below the $70,000 area that many traders view as near-term resistance.

Trading activity picked up. Reported Bitcoin volumes increased by more than 30% to above $55 billion, helping steady prices without a clear break above the $69,000–$70,000 band that limited intraday advances.

Altcoins advanced broadly, with established tokens outperforming. DOT extended its rally into nearby resistance levels, UNI recovered, and ADA outpaced most large-cap peers on the day. Ethereum held above $2,000. Solana traded past $87, and Dogecoin hovered around $0.10.

Derivatives positioning shifted. Across major venues, total liquidations reached about $595 million in the last day, including roughly $482 million in short positions. Bitcoin shorts accounted for approximately $113 million of that amount. The largest single liquidation was recorded on Hyperliquid at about $10.41 million.

Spot ETF flows added support. Net inflows totaled about $697 million, with bitcoin-focused funds contributing more than $500 million. Issuers including BlackRock, Fidelity, Bitwise, 21Shares and VanEck posted inflows, while Grayscale recorded net outflows. Spot ETF buying reflects direct purchases of Bitcoin rather than leveraged derivatives.

Within Bitcoin’s technical backdrop, prices stayed above near-term support, and market breadth improved compared with earlier in the week, with gains concentrated in longer-standing projects. Traders watched whether spot demand and the clearing of short positions would be enough for a test of $70,000.