The recent performance of Bitcoin (BTC) points to an optimistic sentiment in the market.
BTC saw a significant weekly inflow of $346M, the largest in a nine-week streak, pushing the year-to-date total beyond $1.5B.
In the midst of increased regulatory scrutiny within the cryptocurrency sector, Bitcoin (BTC) has displayed a spring, maintaining a consolidation level between $36,000 and $37,000. Recent market data reveals that Bitcoin reached a new yearly high of $38,307 on Friday, signaling its steadfastness in the face of ongoing challenges.
CoinShares’ latest report highlights Bitcoin’s strength, countering concerns that the regulatory issues surrounding Binance might trigger a sell-off. Contrary to expectations, the report shows a significant inflow of capital into digital asset investment products, with a weekly inflow of $346 million. This marks the largest weekly inflow in nine consecutive weeks, reflecting growing confidence in the market.
The recent surge in inflows reached $
We współpracy z: https://thenewscrypto.com/can-bitcoin-btc-really-hit-the-40k-target-this-week/
