✉news BusinessCrypto first seen 5 d ago, last 5 d ago, peak #33
Bitcoin Reclaims $80K as IBIT Sees Inflows
Original: Bitcoin Back Above $80K, IBIT Breaks Outflow Spell
Bitcoin has climbed back above the $80,000 mark, a level watched closely by traders after recent weakness. At the same time, BlackRock's spot bitcoin ETF, IBIT, has recorded inflows, ending a run of daily outflows from the fund. The recovery in price and renewed fund demand are being read as signs that investor appetite for bitcoin may be returning.
Why now: Bitcoin crossing back above $80,000 and IBIT drawing inflows again signals renewed investor confidence after a period of outflows.
Evidence
- Bitcoin Back Above $80K, IBIT Breaks Outflow Spell · TradingView
API: https://socialmediatrends-api.osmike.com/v1/trends/3913568