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Bitcoin Price Targets New Monthly Highs, ETF Inflows Spike
Bitcoin price traded above $100k for the third day in a row on Friday, injecting a strong bullish sentiment on the broader market. BTC was up by 2% and traded at $102,050 at the time of writing, with its weekly gains at 10%. The crypto market bellwether has attracted substantial inflows in the spot ETF market, with investors purchasing $1.3 billion worth of the product. BlackRock’s IBIT Bitcoin ETF was the biggest gainer on Thursday, bringing in $524 million. ARK 21Shares’ ARKB was second with $155.4 million. That signals strong institutional interest in the coin, and continuing the trend could add propulsion to ... (full story)
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- Posted: Jan 17, 2025 6:55am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 114
