According to Odaily Planet Daily, Bitcoin hit a local high of $71,286 and set a nearly two-week high. Market analysts believe that this is due to strong buying of US spot Bitcoin ETFs, especially the net inflow of nearly $900 million on June 4.

QCP Capital previously pointed out that BlackRock's spot Bitcoin ETF reached a high of US$20 billion. Thailand and Australia have both launched their first spot Bitcoin ETFs. If the US unemployment data released this week is good, it may become a catalyst for Bitcoin to set a new record high.