DeFi Intel

Bitcoin Reclaims $65,000 as BTC ETF Inflows Return: Is the Worst Over?

US spot Bitcoin ETFs saw $75.7 million in inflows last week, their second consecutive winning week, while Bitcoin reclaimed $65,000. The $273.1 million recovered is just 3.3% of the $8.2 billion that exited over the prior eight weeks. BlackRock CEO Larry Fink says the washout is over, but Citigroup cut its 12-month Bitcoin target to $82,000.

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