Spot Bitcoin ETF Purchases Drive Bitcoin Over 100K Yet Again
Recent purchases by U.S. spot Bitcoin ETFs are making waves in the cryptocurrency market. Two significant buys, each totaling nearly $1 billion, were recorded last Friday and Monday. This massive influx of investment has propelled Bitcoin’s price back over the coveted $100,000 mark. Increased demand from institutional investors is indicative of strong confidence in Bitcoin’s future. As the market fluctuates, this surge dampens fears of a downturn while highlighting Bitcoin’s resilience. The recent spike showcases the ongoing evolution of Bitcoin as it remains a dominant force in the crypto landscape.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]