Bitcoin Rally: $70K Milestone Boosts Market Confidence
Bitcoin recently climbed by 5%, crossing $70k as market dynamics reflect renewed optimism in the cryptocurrency sector. As inflation trends continue to dip and Bitcoin ETF flows reach new highs, confidence in Bitcoin’s growth trajectory remains robust among investors.
💵 Welcome to the Bitcoin newsletter for long-term wealth creators.
📈 Bitcoin Price - 3 Months
🌡️ Bitcoin Temperature
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🥊 Bitcoin Vs Other Assets - 1 Year
🌊 ETF Flows
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ETFs saw an inflow of 45k Bitcoin, up 15% and hit a new record of 360k Bitcoin.
🗞️ Bitcoin Bytes
- VanEck predicts a Bitcoin price of $3 million by 2050.
- Despite the recent price increase, Google trends for Bitcoin are at historic lows, which shows that Bitcoin is not yet in a hype cycle.
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Sandeep Goenka
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