The token briefly topped $107,000 on Monday before slipping back below $105,000, underscoring fragile sentiment after a broad selloff that erased billions in market value. Open interest in Bitcoin perpetual futures sits around $68 billion, well below the $94 billion peak seen last month, while funding rates — a measure of leveraged positioning — remain flat. US-listed Bitcoin ETFs drew just $1 million in net inflows on Monday, even as stocks and credit rallied after Washington moved to end the government shutdown.