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Bitcoin (BTC) News Today: Return to $69,000 Hinges on US Job and Flow Data

From fxempire.com

On Thursday, BTC advanced by 1.21%. After gaining 3.66% on Wednesday, BTC closed the session at $66,975. BTC-spot ETF market flows contributed to the session gains. Significantly, Grayscale Bitcoin Fund (GBTC) saw net outflows fall from $332.5 million (March 5) to $276.2 million (March 6), according to figures from BitMEX Research. Outflows trended downwards for the fourth consecutive session from $598.9 million on February 29. iShares Bitcoin Trust (IBIT) continued to lead the way on March 6, with net inflows of $281.7 million. Fidelity Wise Origin Bitcoin Fund (FBTC) saw net inflows of $205.7 million. Notably, ... (full story)

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  • Category: Technical Analysis