### Bitcoin Price Targets $80,000 in June 👁
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#### Bitcoin’s Bull Run
Bitcoin is experiencing a powerful rally, with the price soaring past $70,000 overnight and a 27% surge in trading volume. This momentum suggests the uptrend might continue, sparking speculation about BTC potentially hitting $80,000.
#### Recent Price Performance
Bitcoin's performance has been remarkable, with the price recently climbing above $70,000, marking a 5.67% increase over the last four days. Currently trading at $71,262, the cryptocurrency is on a bullish trajectory towards a possible new all-time high.
#### Bitcoin ETFs Gain Momentum
On June 5th, Bitcoin spot ETFs recorded a net inflow of $886 million, marking 16 consecutive days of positive inflows. This strong market support underscores the prevailing bullish sentiment.
#### Derivatives Reflect Optimism
The current funding rate for Bitcoin stands at 0.02129407, accompanied by a 15.76% increase in open interest over the past week. These metrics reinforce the ongoing bullish trend.
#### Conclusion
With sustained bullish momentum, Bitcoin is poised to surpass $73,800 and could potentially reach $80,000 by the end of the month.
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