Crypto
Bitcoin Price Surges 10% as ETFs See Record-Billion-Dollar Inflows
Bitcoin's price surged by about 10% over the past 24 hours to reach $72,659. This increase was driven by a market rebound and lower Treasury yields.
New investments in Bitcoin Exchange-Traded Funds (ETFs) have reached over $1 billion over three days. The BlackRock iShares Bitcoin Trust led this trend with $588.5 million in new investments.
President Trump's push for the Clarity Act, which aims to clarify crypto regulations, is also contributing to market momentum. Investors are closely watching ETF flows, Treasury yields, and regulatory progress for future market direction.