Bitcoin Climbs Above $63,000 Today: Why is BTC Rising?
BTC has surged past 63.000 today, which was an important step in the recent price rally. This astonishing climb is mainly caused by the increasing impact of Bitcoin ETFs on the market. Also Read: Trump Bitcoin Impact: Assassination Attempt Sparks Surge bitcoin -etf-inflows-on- btc -s-price-surge">Decoding the Impact of Bitcoin ETF Inflows on BTC’s Price Surge Source: Freepik.com bitcoin -spot-etfs-performance">US Bitcoin Spot ETFs Performance The performance registered by US Bitcoin Spot ETFs has been a sight to behold. Starting on July 15, $183.8 million was recorded as a daily net inflow. This means that the total to an impressive $15.99 billion. The total net assets now stand at $54.82 billion, which is 4.52% of the asset’s entire market cap. We are now in the seventh consecutive day of positive inflows, which has also skyrocketed investors’ confidence in BTC. bitcoin -etf-market-growth">Hong Kong Bitcoin ETF Market Growth The Hong Kong Bitcoin ETF market has...