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Bitcoin ETF Inflows Rise and as Analysts Turn Bullish

From dailyforex.com

Bitcoin price rose slightly on Monday, continuing an uptrend that started earlier this month when it bottomed at $57,720. The BTC/USD pair rose to 63,970 as ETF inflows continued rising. Bitcoin ETF Inflows Continue The BTC/USD pair rose to 63,970 as investors continued buying Bitcoin ETFs. Data shows that spot Bitcoin ETFs added over $90 million on Friday, bringing the net weekly inflows to $197 million. It was the first weekly inflow since May this year. Bitcoin has done well even as Strategy signaled that it continued selling its coins last week. The company is in the process of raising capital to boost its cash ... (full story)

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  • Category: Technical Analysis