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📢On July 8, the total net inflow of Bitcoin spot ETFs was $295 million, the highest inflow in the past 21 days.
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🔹Bitcoin's price is respecting the support level and has bounced back again. 🔹It is trading above $57,000, and it is important to maintain positions above this level; otherwise, we might see a drop again. 🔹The German government is selling Bitcoin, which is causing the market to perform negatively, but the situation should improve soon. $BTC
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Bitcoin spot #ETFs recorded a positive net inflow of $294.9 million on July 8th 🚀
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BlackRock’s IBIT ETF Smashes Records 🪧 BlackRock’s iShares Bitcoin ETF (IBIT) recently saw an astounding $788 million in daily inflows, coinciding with Bitcoin’s surge past $69,000. 〽️ This inflow surpasses the previous record of $603.9 million from February, marking a 30% increase. IBIT now holds 105,280 Bitcoin, valued at over $5 billion. 💰📈 $BTC
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