#BTC Traders Eye $109K as Trump Anticipation Builds, BTC ETFs Rake in Nearly $1B
The asset is up 10% in the past week, reversing nearly all losses from early December after retaking the $102,000 level late Monday.
The surge comes as spot bitcoin exchange-traded funds (ETFs) offered in the U.S. raked in $987 million on Monday, their highest since Nov. 21, data from SoSoValue shows.
As such, market volatility is expected to stay low until the U.S. Nonfarm payrolls (NFP) report on Friday, which some believe will kick-start the new trading year