Bitcoin Breaks $73,000 Mark, Reaching 4 New Highs In Less Than A Week
Bitcoin (CRYPTO: BTC) soared to a new peak of $73,709 on Wednesday morning, marking its fourth high in just six days, fueled by a surge in investments into U.S.-based exchange-traded funds (ETFs) associated with the digital currency. The surge coincides with the total net inflow into Bitcoin spot Exchange-Traded Funds (ETFs) reaching an unprecedented $1.05 billion on March 12. Among the beneficiaries of this remarkable influx of capital, Blackrock’s IBIT (NASDAQ: IBIT) product stood out, capturing a record $849 million inflow. This renewed enthusiasm for cryptocurrencies has also buoyed other …