Bitcoin

when

Coin

<ul class="news-points">
 <li>Bitcoin struggles to break $69K, consolidating around $65K after strong institutional ETF inflows of nearly $1 billion this week. </li>
 <li>Market dominance spikes to 59.75%, impacting Ethereum as it slumps to 0.03625. </li>
 <li>Tether faces renewed scrutiny amid “investigation” reports, causing price fluctuations. </li>
</ul>
This past week brought heightened volatility across the crypto market. Bitcoin (BTC) attempted but ultimately failed to break through its previous high of $69,500, a level last reached in July. After a swift retracement, BTC found solid support at $65,000. It revisited the level twice in the week and is now consolidating around it.
<h2 class="wp-block-heading" id="h-institutional-interest-in-bitcoin-remains-robust">Institutional Interest in Bitcoin Remains Robust</h2>
Meanwhile, institutional interest in Bitcoin remains strong. Net inflows into Bitcoin ETFs reached $997.7 million in the week, the third straight week of positive movement. Aside from Tuesday, when Bitcoin revisited $65K, inflows were positive throughout the week.&nbsp;
Moreover, last week, the demand for U.S. spot Bitcoin ETFs reached a six-month high, with net inflows of approximately $4.4 billion in the past 30 days. Presently, Bitcoin ETFs <a href="https://coinedition.com/bitcoin-etfs-surpass-20-billion-in-net-inflows-within-10-months/" rel="noopener noreferrer nofollow">have seen $22 billion in net flows sinc…</a>
The post <a href="https://coinedition.com/bitcoin-etfs-see-1b-weekly-inflow-as-bitcoin-battles-to-break-70k-dominance-spikes-to-59-75/" rel="noopener noreferrer nofollow">Bitcoin ETFs See $1B Weekly Inflow as Bitcoin Battles to Break $70K, Dominance Spikes to 59.75%</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin ETFs See $1B Weekly Inflow as Bitcoin Battles to Break $70K, Dominance Spikes to 59.75%

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