BTC Flirts With $68K Amid ETF Inflows

Bitcoin made another attempt to establish a foothold above $68,000 early in the European morning before pulling back and trading around $67,800. BTC has gained about 1.35% in the last 24 hours, outperforming the broader digital asset market, as measured by the CoinDesk 20 Index, which is just under 0.8% higher. Bitcoin has also risen nearly 9% this week, according to CoinDesk Indices, amidst strong uptake for spot BTC ETFs. The U.S.-listed funds have seen inflows of $1.86 billion since Monday, which, even with one day remaining, is their highest tally since the second week of March, according to data compiled by SoSoValue.

Source link

See also  Crypto Behemoth Coinbase Enters The Bitcoin DeFi Arena