ETF inflow/outflow data reported by financial institutions

Bitcoin Surges Past $70,000, Analysts Predict Rise to $80,000 and New All-Time High

May 27, 2024, 04:23 PM

Bitcoin has surged past the $70,000 mark, marking a significant milestone for the cryptocurrency. This upward movement has prompted analysts to predict a swift rise to $80,000 and a potential new all-time high. Bitcoin ETFs have recorded a net inflow of $252 million, maintaining a 10-day streak. Retail activity is currently dominating the Bitcoin market, overshadowing institutional moves.