The largest crypto by market cap rallied 10% in a week, outperforming the broad-market CoinDesk20 Index’s (CD20) 8% advance, extending its relentless rise from $38,500 in late January. The surge was coupled with accelerating inflows into U.S. spot bitcoin exchange-traded funds (ETF), with BlackRock’s IBIT raking in over 28,000 bitcoin this week.
Related posts
-
Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’
With two days remaining in September, bitcoin’s monthly gain stands at 11.11%, setting the stage for... -
Analyst Backs Bitcoin Hitting $290,000 In Bull Run – Here’s Why
In what has been an “unusual” September, Bitcoin (BTC) has now recorded another positive weekly performance. ... -
Bitcoin poised for surge, analysts expect new all-time high
Bitcoin price has done modestly well this week as it soared to $66,000, rising to its...