Bitcoin has surged past the $80,000 mark, supported by significant inflows into spot ETFs, according to QCP Capital. Last week saw approximately $630 million in net inflows, offsetting previous outflows. However, the ability to close the CME gap between $82,000 and $83,000 remains crucial for sustaining the rally. This week, market participants are closely watching economic indicators such as JOLTS, ADP, and non-farm payroll data, along with earnings reports from Strategy, Coinbase, and Block, which could contribute to market volatility.
Bitcoin Surpasses $80,000, Driven by ETF Inflows
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