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Bitcoin Tests $80K on ETF Demand
Bitcoin is trying to turn a rebound into a lasting recovery. At the time of writing, BTCUSD traded near $78,431.70, up $554.88 or 0.71%, with the chart showing a high of $78,484.12, a low of $77,787.32, an open at $77,876.78, and a close reference of $77,876.82. Market data also placed Bitcoin near $78,100, with market capitalisation around $1.56 trillion and 24-hour volume above $38 billion. That puts BTC well above its late-February lows, but close to a zone where profit-taking can return fast. The rally has real support. ETF inflows have improved, corporate treasury buying remains active, and short sellers have ... (full story)
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