Bitcoin hits $65,500 as long‑term holders set record 30‑day accumulation

Bitcoin rose to about US$65,500, the highest level in roughly five weeks, supported by a broader rally in major cryptocurrencies such as Ethereum. On‑chain data show that long‑term Bitcoin holders added a net 1.29 million BTC over a 30‑day period, the strongest inflow in six years and surpassing the 2017 bull‑run peak. The total supply held by wallets older than 155 days also reached a record 16.8 million BTC, tightening available market supply. Spot Bitcoin exchange‑traded funds in the United States recorded a seven‑day inflow streak that brought cumulative net inflows close to US$1 billion, indicating renewed institutional appetite. Market sentiment was further buoyed by positive developments in U.S. regulatory discussions, notably the progress of the CLARITY Act, and comments from Indonesian exchange Indodax about growing institutional participation. Technical indicators show a golden‑cross formation and a narrowing loss margin for short‑term holders, while Bitcoin’s dominance rose above 68 %, suggesting a Bitcoin‑first market mood. Together, these factors point to a cautiously bullish outlook as price hovers near key support zones around $65,000.