Bitcoin ETF Inflows Surge Amid $80,000 Price Approach
Bitcoin's price has been steadily climbing and is now nearing $80,000. This significant milestone comes as ETF inflows hit a 10-month high, with spot ETFs experiencing their strongest week in 10 months.
The latest developments have led many to question whether Bitcoin still qualifies as a hedge against the system if it requires government intervention to reach new highs.
Some argue that Bitcoin's success is directly tied to U.S. Treasury liquidity injections, which has contributed to its thriving despite the $126,000 crash last year.