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Bitcoin: decline after record high, driver — ETF
Bitcoin edged lower on Monday after reaching a record high above $125,000 over the weekend. The cryptocurrency was supported by strong inflows into U.S. spot exchange-traded funds (ETFs) and rising concerns about the prolonged U.S. government shutdown.
The last trade of the world’s largest cryptocurrency was down 1.6% at $123,716.7 as of 06:50 Moscow time, after hitting an all-time high of $125,617.4 on Sunday.
Bitcoin gained more than 11% last week, and at current levels, the token is up over 30% since the start of 2025.
Bitcoin rises on ETF inflows; “safe-haven trade”
Data from digital asset researcher SoSoValue showed a net inflow of $3.24 billion into U.S. spot Bitcoin ETFs last week, marking the largest weekly increase in 2025.
The growth reflected a renewed wave of institutional interest, as investors sought exposure through regulated investment vehicles rather than direct token purchases.
The surge in inflows also coincides with growing concern over the U.S. government shutdown in Washington, now entering its second week.
The standoff has delayed the release of several key data reports and increased uncertainty around fiscal policy, prompting traders to bet that the Federal Reserve might take a more cautious stance on interest rates once operations resume.
Reports described this as a “safe-haven trade”, in which investors move capital into assets such as Bitcoin and gold amid weakening confidence in fiat money and fiscal stress.
Walmart-backed OnePay plans to add crypto trading — CNBC
Fintech company OnePay, backed by Walmart (NYSE:WMT), plans to add cryptocurrency trading and custody features to its banking app later this year, CNBC reported Friday, citing people familiar with the matter.
The company, majority-owned by Walmart and venture firm Ribbit Capital, will offer customers access to Bitcoin and Ether through a partnership with crypto infrastructure provider Zerohash, the report said.
The move marks OnePay’s latest step toward building a “super app” for digital finance, expanding beyond savings accounts, cards, and “buy now, pay later” credit services.
Crypto prices today: altcoins steady after sharp rally
Most altcoins also traded within range on Monday after last week’s sharp gains driven by risk-on sentiment.
The world’s second-largest cryptocurrency, Ethereum, traded 1% lower at $4,528.65 after jumping more than 10% last week.
The third-largest token, XRP, fell 2% to $2.97 after rising nearly 5% the previous week.
Solana lost 1%, Cardano fell 3.5%, and Polygon dropped 1.3%.
Among meme tokens, Dogecoin declined 2.5%, while $TRUMP fell 1.2%.
See also: "Stablecoin activity in the Asia-Pacific region reached $2.4 trillion"
