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Invezz 2024-02-12 18:50:19

Bitcoin (BTC) climbs past $50K, sets new two-year high amid ETF inflows

Bitcoin (BTC) surged to a new two-year high, above the $50,000 mark on Monday, driven by increasing optimism over institutional buying and significant inflows into spot Bitcoin exchange-traded funds (ETFs). However, resistance at this key level, coupled with potential sell-offs from significant players, raises questions about the sustainability of the current rally. Spot Bitcoin ETF

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