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BlackRock’s IBIT dominates 10-day US Bitcoin ETF inflow streak totaling $4.2 billion

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The Story

News Summary

  • Massive inflows into U.S.
  • Bitcoin ETFs, especially BlackRock's IBIT, boost confidence in Bitcoin's market.
  • Elevated trading volumes and new all-time high prices indicate strong short-term bullish momentum driven by institutional interest and asset growth, with impact expected immediately and sustained over the coming weeks.
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BTCUSD price history

78774.79 +19.57% over the displayed period

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