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Jamie Crawley Jamie Crawley

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 CoinDesk 20 Index, which is just under 0.8% higher. Bitcoin has also risen nearly 9% this week, according to CoinDesk 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.

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Jamie Crawley, Omkar Godbole

https://www.coindesk.com/markets/2024/10/18/first-mover-americas-btc-flirts-with-68k-amid-etf-inflows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-10-18 12:08:31

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