Bitcoin Approaches $70,000 Amid $2.4 Billion ETF Inflows

Reported about 1 month ago

Bitcoin neared the $70,000 mark on October 21, 2024, driven by a significant influx of nearly $2.4 billion into Bitcoin exchange-traded funds (ETFs) as investor sentiment was buoyed by optimistic forecasts regarding U.S. regulations. The largest cryptocurrency saw a 1% rise, reaching $69,005, amid a favorable backdrop of potential regulatory changes following the upcoming presidential elections.

Source: YAHOO

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