ETF Inflows Continue to Rise The demand for Bitcoin ETFs in the United States has been on an upward trend for the past 19 days, with a total of $15.6 billion in inflows. This surge in demand has raised questions among analysts as to why Bitcoin's price has not reached previous all-time highs. Some experts believe that the ETF inflows are a sign of growing institutional interest in the cryptocurrency market, leading to increased buying pressure. Implications for Bitcoin's Price The continued rise in ETF inflows has sparked speculation among investors about the potential impact on Bitcoin's price. Some believe that the influx of institutional money into the market could drive up prices, while others argue that the current price of Bitcoin is already reflective of the increased demand. However, with the recent surge in inflows, many are keeping a close eye on the market to see if it will break past the $73,679 mark. Crypto Ticker: BTC As Bitcoin remains the leading cry...
Welcome to Daily Crypto Talkies News, your ultimate source for latest and most relevant news, insights, and updates from the world of cryptocurrency. Our blog aims to provide valuable information to crypto enthusiasts for only learning purpose.
Join with us !
Download App Now