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BTC Flirts With $68K Amid ETF Inflows

October 18, 2024
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Bitcoin made one other try to determine a foothold above $68,000 early within the European morning earlier than pulling again and buying and selling round $67,800. BTC has gained about 1.35% within the final 24 hours, outperforming the broader digital asset market, as measured by the CoinDesk 20 Index, which is just below 0.8% increased. Bitcoin has additionally risen almost 9% this week, in response to CoinDesk Indices, amidst robust uptake for spot BTC ETFs. The U.S.-listed funds have seen inflows of $1.86 billion since Monday, which, even with someday remaining, is their highest tally because the second week of March, in response to knowledge compiled by SoSoValue.



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