Bitcoin Prices Near $84k After Week-Long Gains Driven By ETF Inflows
Bitcoin's price hovered near $84,000 on Monday after a week that saw it close about 4% higher.
The gain was largely driven by ETF inflows, with netflows turning from last week's outflows to the largest in almost a year.
However, perpetual traders and profit-takers sold into the gains, leading to a dip on Monday that took price back to the lower end of its range.