Bitcoin nears $70,000 on ETF inflows

Bitcoin's price surged past $70,000, driven by significant inflows into Bitcoin Exchange Traded Funds (ETFs). This renewed institutional interest suggests a growing confidence in the digital asset's market potential. The upward momentum indicates a positive sentiment among large investors, potentially signaling a broader trend of mainstream adoption for cryptocurrencies. Analysts are closely watching these ETF flows as a key indicator of future price movements and market stability.