Stocks

This comes at a time when crypto momentum has been developing in Washington, which might explain the price spike. Net inflows into US-based spot Bitcoin exchange-traded funds have occurred on 11 out of the last 14 trading days. Monday, when Asian stocks started trading, Bitcoin soared 2.7% in three hours, surpassing $80,000 for the first

According to statistics from CryptoQuant, long-term holders have acquired more than 330,000 BTC over the last month, which went along with this increase. Strong inflows into US-based spot Bitcoin exchange-traded funds (ETFs) of $1.18 billion have been observed for three days in a row, coinciding with Bitcoin’s bullishness. Tuesday saw an intraday high of $81,300