The BTC/USD pair continued its recent rally, reaching its highest point since January 31st as the bull run gained steam. Bitcoin jumped to $81,245, up substantially from the year-to-date low of $60,000. The BTC/USD pair has been in a strong rebound this month as demand from American investors accelerated. Data shows that the futures open interest has jumped to over $63 billion, up from the year-to-date low of $40 billion. Similarly, data shows that spot Bitcoin ETFs have continued rising this month. They have now added over $1.2 billion in the first three days of the month. As a result, chances are that these funds ... (full story)