-
What is moving the Bitcoin and Ethereum market this week?
Bitcoin closed last week at approximately $104,128, marking a 10.5% increase from the prior week’s close of around $94,280. There was strong demand for BTC and the broader digital assets market throughout the week, with Thursday standing out as the most bullish day. On that day, BTC surged by around 6.4%, breaking above the $100,000 mark for the first time since early February. To a certain extent, this positive momentum was also reflected in BTC spot ETFs. About $600 million in net inflow were recorded in the past week, meaning the fourth consecutive week of net inflows in BTC spot ETFs. As a result, total net ... (full story)
