Bitcoin falls under $80K but four-month high in weekly BTC ETF inflows may curb selling

Bitcoin has dipped below $80,000, marking a significant price drop. However, weekly inflows into Bitcoin exchange-traded funds (ETFs) have reached a four-month high, which could help mitigate further selling pressure. This surge in ETF investments suggests growing institutional interest in Bitcoin, potentially stabilizing its price. Analysts are monitoring these trends closely to assess their impact on the cryptocurrency market.

Read the full article: Coin Telegraph

Read more