Bitcoin crossed the $80,000 mark again at the start of the week — a level the largest cryptocurrency had not seen since the end of January. Two main drivers are behind the rise: strong inflows into US spot ETFs and a significant build-up of leveraged long positions. Underlying demand in the spot market, however, remains subdued, and prediction markets are also signalling caution. US spot Bitcoin ETFs have recorded approximately $2.7 billion in net inflows over the past three weeks. The total

Tag-uri: Bitcoin