Bitcoin holds above $71,000 amid futures market rally, massive inflows into spot ETFs - London Business News | Londonlovesbusiness.com
Briefly

Bitcoin's rally marks the fourth consecutive day, hitting its highest price since early June at over $71,500, driving bullish sentiment in altcoins like Solana.
Open interest in Bitcoin futures has surged to over $42 billion, indicating a dominant buying position, which reinforces the ongoing bullish momentum in the cryptocurrency market.
Significant inflows into Bitcoin spot ETFs reached over $479 million yesterday alone, surpassing total inflows since launch, highlighting strong market interest despite price volatility.
The psychological barrier of $72,000 looms as Bitcoin's next major resistance level, and touching this point may signal potential market corrections below $60,000.
Read at London Business News | Londonlovesbusiness.com
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