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US exchange-traded funds investing directly in Bitcoin attracted net inflows for an unprecedented 18th straight day, a spurt of demand that has helped to lift the largest digital asset toward a record high. Net subscriptions for the group of almost a dozen products stood at $15.6 billion through Thursday following a Jan. 11 launch, taking total assets to ...
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The Bitcoin price on Friday bounced off the key support at about $70,321 to trade at about $71,075. The BTC/USD appears to be trading within a sideways channel formation in the 60-minute chart. The price of the pioneer cryptocurrency continues to trade a few levels above the 100-hour moving average line. Despite the rebound, Bitcoin seems to have some room ...