Bitcoin Bounces Back, ETFs See Big Inflows Bitcoin rallied significantly, boosted by easing US-China trade tensions and a predicted short squeeze. The price jumped to almost two-month highs, and Bitcoin ETFs saw their largest daily inflow since November. This resurgence coincides with positive movement in global markets and a reduction in bearish sentiment, potentially signaling renewed confidence in the cryptocurrency. However, analysts are still wary of potential future dips.
Thursday, April 24, 2025
Bitcoin Rally Fuels by Easing Trade Tensions Bitcoin is up 6.8% today to $94,510, its highest point in almost two months, as global markets rally on signs of easing US-China trade tensions and positive inflows in BTC ETFs. #Bitcoin #Crypto #MarketRally
Bitcoin Bounces Back, ETFs See Big Inflows Bitcoin rallied significantly, boosted by easing US-China trade tensions and a predicted short squeeze. The price jumped to almost two-month highs, and Bitcoin ETFs saw their largest daily inflow since November. This resurgence coincides with positive movement in global markets and a reduction in bearish sentiment, potentially signaling renewed confidence in the cryptocurrency. However, analysts are still wary of potential future dips.
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