BTC Holds Steady at $80K Amid Record-Setting ETF Inflows
Bitcoin continues to hold strong at around $80,000, following its recent push towards $82,000. This stability is partly due to the continued influx of funds into U.S. spot Bitcoin ETFs.
Last week alone, these ETFs pulled in nearly $1 billion, marking their third consecutive week of inflows, with a total of roughly $3.8 billion over this period.
The 4-hour chart shows that while the price has cooled slightly after its initial surge, buyers are still holding onto recent gains. However, the market requires more momentum to break through the $82,000 level and sustain further growth.