Bitcoin Surges Over 95000 Amid $3 Billion ETF Inflows: What Does It Mean?
Bitcoin is experiencing a remarkable rebound, recently surpassing the $95,000 threshold and closing in on the coveted $100,000 mark. This surge coincides with an impressive influx of approximately $3 billion into Bitcoin exchange-traded funds. Such enthusiasm signals renewed investor confidence in the cryptocurrency market, indicating a potential shift in trading behavior. As Bitcoin approaches its historical highs, market analysts are focused on the catalysts driving this momentum and the implications for overall cryptocurrency health.