#bitcoin☀️ price rises above $63,000 after a staggering $1.35 billion weekly inflow in related assets under management. A breakout above $64,000 seems imminent and will bring BTC closer to $70,000.
👉Prices in the cryptocurrency market regained strength over the weekend amid news of former US President Donald Trump’s attempted assassination. Bitcoin price rebounded above the pivotal $60,000 level and continued with the rally above $63,000 on Monday.
👉Altcoin majors $ETH , $SOL #CardanoPricePrediction , and more rallied alongside $BTC , affirming the bullish outlook anticipated in the second half of the year.
ETH increased by 5.4% to $3,372,
Solana by 5.6% to $153 and
Cardano by a modest 2.7% to $0.44.
👉Bitcoin AUM Records $1.35B In Inflows:
The latest report on assets under management (AUM) by CoinShares, revealed a significant surge in weekly fund inflows to $1.44 billion, boosting the year-to-date inflows to $17.8 billion.
👉What’s Next As Bitcoin Price Rises Above $63,000:
BTC needs to confirm support above $64,000 and probably close the day above this level to validate the uptrend.
#Ethereum_ETFs_Expected_Date #ETH_ETFs_Approval_Predictions #CPI_BTC_Watch