Odaily Planet Daily News📈
Bitcoin traders are once again targeting the $70,000 mark reached in June! Despite a broad decline in cryptocurrencies late last Friday, funds have been steadily flowing into U.S. Exchange-Traded Funds (ETFs), and market sentiment remains optimistic. CoinShares' latest report shows that the inflow of funds into digital assets reached $910 million last week, bringing the year-to-date inflow total to $27 billion, nearly three times the record high of 2021!🚀
However, Ethereum saw an outflow of $35 million last week, making it the largest outflow among all digital assets. Options traders are also increasing their bets, expecting that regardless of who wins the U.S. election, Bitcoin will reach $80,000 by the end of November, setting a new historical high.📊