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Bitcoin Price Nears $72,000, Miners Rally As October Inflows Surge

The post Bitcoin – How $1.18B in ETF inflows could push BTC’s price higher appeared on BitcoinEthereumNews.com. Key Takeaways  U.S. spot BTC ETFs recorded the second-largest daily inflow of $1.2 billion on the 10th of July. Traders were betting for an extended BTC rally to $120K and $130K, but miners began offloading into the rally.    Bitcoin [BTC] has hit a new all-time high (ATH) of $118k on the backdrop of strong ETF inflows and demand from …

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The Bitcoin American ETF had its second best day ever this Thursday (10th), totaling $1.17 billion in tickets. The highlights were led by Blackrock, Fidelity, and Ark Invest. At the...

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Investor's Business Daily broke the news in on Tuesday, October 29, 2024.
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