Bitcoin’s price actions were quite underwhelming for days but the substantial ETF flows as well as the positive US CPI numbers resulted in massive gains that propelled the cryptocurrency to a 3-week peak of over $66,000.
The bulls initiated a notable price surge on Monday that drove bitcoin to just over $63,000. Although it failed to conquer that line at first, it went on the offensive once again yesterday after thein spot BTC ETFs in the States started another rally that pushed the cryptocurrency to a 3-week high of around $66,500.This is all you need not to miss any price action in the raging crypto markets.
Source: News Formal (newsformal.com)
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