Source: Coindesk.com
Bitcoin’s price could reach $74,000 in the coming weeks amid softer U.S. inflation figures and institutional demand, which favors riskier assets. Large asset managers like Millennium and Schonfeld have invested in bitcoin spot ETFs, indicating growing institutional interest. Selling pressure from short-term is easing, some on-chain analysts said in a Thursday report.
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Source: Coindesk.com
