Bitcoin Surges on Institutional Demand and Legislative Support
The Bitcoin price has surged to $81,619.99, up 1.61% on the day and maintaining levels above its key moving averages.
Institutional demand for Bitcoin has seen a significant increase with Bitcoin ETF products recording net inflows of $433 million on Friday.
This influx of capital is expected to boost liquidity and drive buying interest in the asset, with technical momentum remaining bullish.