𝗪𝗵𝘆 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗛𝗜𝗧 $𝟳𝟬,𝟬𝟬𝟬?
𝗛𝗲𝗿𝗲 𝗜𝘀 𝗪𝗵𝘆
Bitcoin (BTC) has hit a new milestone, surpassing $70,000 for the first time! The price surge comes as interest in Bitcoin ETFs rises, with inflows of $563 million reported, compared to outflows of $85 million for gold ETFs.
The increase in Bitcoin's (BTC) value has also led to a spike in liquidations, totaling $258.56 million over the past 24 hours, with long positions accounting for $120 million and short positions $138.56 million.
Analysts also predict that this trend could continue, with Bitcoin potentially reaching $100,000 by October.
