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Bitcoin hits its highest level in a week, crossing $73,000
Bitcoin hit its highest level in a week, breaking above $73,000 on Friday morning and continuing to show resilience amid geopolitical tensions that are reigniting inflation and growth fears. The asset is up 4.6% in the past 24 hours. Bitcoin ETFs are also showing strength, set to record their third consecutive week of inflows, the longest weekly streak since September, according to SoSoValue. Over the past week, inflows have pushed the “7-day average firmly back into positive territory,” marking “the most significant demand impulse since the correction began, suggesting institutional buyers may be stepping in ... (full story)
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