Bitcoin Poised For New All-Time High Amid Strong ETF Inflows

Bitcoin Poised For New All-Time High Amid Strong ETF Inflows

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Source: TheMerkle.com

Bitcoin has experienced a sharp increase, surpassing $70,000 this week, and market sentiment is buzzing with speculation about its potential to set a new all-time high.

Despite this optimism, there is uncertainty among traders about how much further Bitcoin can rise.

One of the key drivers of this recent surge is the substantial net inflow into Bitcoin Exchange-Traded Funds (ETFs). On May 24, 2024, the net inflow summed up

Read More https://themerkle.com/bitcoin-poised-for-new-all-time-high-amid-strong-etf-inflows/

The post "Bitcoin Poised For New All-Time High Amid Strong ETF Inflows" appeared first here TheMerkle.com.

Source: TheMerkle.com

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