BTC Rebounds 98K, Ether ETP Inflows Surpass BTC, Tether Inflows Rocket $2.7B, Strategy Buys Another $742.4M BTC: Feb 11

Bitcoin is currently priced at $97,697.6, up 1% in the past 24 hours, while Ethereum trades at $2,661, up 1.29%. The Fear and Greed Index increased to 47, indicating a neutral market sentiment. The crypto market shifts rapidly and data shows clear trends. This article covers four key developments. First, Ether ETP inflows now lead Bitcoin ETP inflows for the first time in 2025. Ether ETP inflows reached $793M while Bitcoin ETP inflows fell to $407M during a week of $1.3B in total inflows. Next, U.S. President Trump announced 25% tariffs on aluminum and steel which sent Bitcoin to a low of $94K before it recovered to $98K. Ethereum fell to $2537 before bouncing back to $2661. Tether (USDT) recorded $2.72B in inflows. Finally, Strategy purchased 7,633 BTC for $742.4M at $97,255 each to boost its total crypto holdings to 478,740 BTC. This article explains each event with precise numbers and technical details to help investors understand the fast-moving market.

• President Donald Trump signed an executive order imposing a 25% tariff on all steel and aluminum imports to the U.S.

• Strategy purchased 7,633 BTC for approximately $742.4 million; Metaplanet will issue JPY 4 billion ($26.8 million) in bonds to buy more Bitcoin.

• CoinShares: Digital asset investment products saw a $1.3 billion net inflow last week.

• USDC market cap surpassed $56.2 billion, reaching an all-time high.

• Tesla disclosed its BTC holdings for the first time, revealing 11,509 BTC.

• European payment giant Klarna is considering crypto integration.
  

 Crypto Fear & Greed Index | Source: Alternative.me 

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Source: White House

U.S. President Donald Trump signed 25% tariffs on aluminum and steel on February 10, 2025. He warned that he would impose reciprocal tariffs on countries that levy import fees on US goods. Bitcoin plunged to a low of $94K before recovering to over $97K within two hours. Ethereum fell to $2537 before bouncing back to $2645. Earlier in February, planned tariffs of 25% for Canada and Mexico and 10% for China led to crypto liquidations of up to $10B. Trump paused tariffs on Mexico and Canada for 30 days but may reinstate them. These events sparked fast market reactions and rapid price changes.

Source: KuCoin

Read more: Trump Orders Creation of U.S. Sovereign Wealth Fund: Could Bitcoin Play a Role?

BTC Rebounds After Short-Lived Dip Following Tariff Announcement on Feb 10, 2025

On February 10, 2025, BTC dipped momentarily to $94,000 and later in the day, the price rebounded to $98,037 after new tariffs were signed by Donald Trump, raising import duties by 12% on key goods and 25% on aluminum and steel. The announcement for the new tariff was made on February 9, 2025. Trading volume soared to 500K BTC within 2 hours of Trump signing the tariffs and the RSI peaked at 72 which fueled an 8.9% recovery within hours. This rapid rebound underscores market resilience and shows how traders are capitalizing on policy changes to adjust their positions.

Read more: Eric Trump Predicts Bitcoin Will Hit $1 Million and Drive Global Adoption

Flows by assets (in millions of US dollars). Source: CoinShares 

Crypto exchange traded products recorded inflows for the fifth straight week. Total inflows reached $1.3B. Ether ETP inflows jumped by 95% compared to Bitcoin. Ether ETP inflows reached $793M. ETH fell below $2700 on Feb 6. CoinShares research director James Butterfill said "significant buying-on-weakness." Meanwhile Bitcoin ETP inflows dropped 19% to $407M during the same week. Year-to-date Bitcoin inflows now stand near $6B which is 505% higher than Ether year-to-date inflows. These numbers signal strong technical activity and market shifts.

Stablecoin Market Cap 2025 Source: DefiLlama

A week ago Bitcoin crashed to nearly $91K as trade war fears gripped the market. Centralized exchanges saw net inflows of $2.72B in Tether USDT. Analytics firm IntoTheBlock noted "The market's substantial downturn triggered unusual capital flows. Notably, USDT netflows into exchanges reached the third-highest level ever recorded exceeding $2.72B (on Ethereum alone)." They added "This surge likely resulted from a combination of factors traders depositing additional collateral to manage margin calls and prevent liquidations on underwater positions alongside significant 'buy-the-dip' activity particularly focused on BTC." The numbers point to intense technical adjustments and strong dip-buying behavior.

Source: https://saylortracker.com/

MicroStrategy, now branded as Strategy, reinforces its Bitcoin accumulation by purchasing 7,633 BTC for $742.4 million at an average price of $97,255 per Bitcoin. His acquisition boosts its total holding to 478,740 BTC. CEO Michael Saylor announced the purchase on X. He hinted at the news the day before by posting "Death to blue lines. Long live green dots." Strategy now holds the largest Bitcoin wallet among all companies. The average purchase price is $65,033 per BTC. This acquisition came after Q4 results showed a net loss of $3.03 per share. Funding came from share sales and the issuance of perpetual preferred shares of Strike STRK. Since the start of 2025 Strategy has achieved a BTC yield of 4.1%. These figures underline an aggressive and technical investment approach.

The crypto market now stands at a turning point. Data shows that Ether ETP inflows now lead Bitcoin ETP inflows for the first time in 2025. Tariff warnings have triggered rapid price drops and swift recoveries. Tether inflows of $2.72B indicate intense dip buying and margin call management during a Bitcoin dip to $91K. Strategy has reinforced its position by buying 7,633 BTC for $742.4M to raise its total to 478,740 BTC. These numbers and technical details reveal aggressive market activity and a fast-moving environment. Investors must watch these figures closely to navigate the dynamic crypto landscape.

Read more: Crypto Market Rebounds as Trump Delays Tariffs on Canada and Mexico