The cryptocurrency market remained strong this week, with the price of Bitcoin briefly surpassing $70,000. However, in the latter half of the week, inflows into Bitcoin ETF slowed down and prices began to pull back. Major term IVs showed a downward trend but still at relatively high levels for the year. U.S. funds drove the spot market bullish, but now with slowing inflows, prices are oscillating while options trading volume and open interest continue to rise.