Friday, October 18, 2024
Home > News > Bitcoin News > BTC Flirts With $68K Amid ETF Inflows

BTC Flirts With $68K Amid ETF Inflows

Bitcoin made another attempt to establish a foothold above $68,000 early in the European morning before pulling back and trading around $67,800. BTC has gained about 1.35% in the last 24 hours, outperforming the broader digital asset market, as measured by the CryptoX 20 Index, which is just under 0.8% higher. Bitcoin has also risen nearly 9% this week, according to CryptoX Indices, amidst strong uptake for spot BTC ETFs. The U.S.-listed funds have seen inflows of $1.86 billion since Monday, which, even with one day remaining, is their highest tally since the second week of March, according to data compiled by SoSoValue.

Source