Sabyasachi Ghosh
@sobu9614
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Bitcoin (BTC) continues to wrestle with the $64,000 threshold on Wednesday, trading up 0.3% at $63,850, while market experts point to increasingly bullish sentiment and potential catalysts for further growth.
Despite the cryptocurrency's short-term struggle to break decisively above this level, analysts have noted several positive indicators that could fuel Bitcoin's next leg up.
Ethereum, meanwhile, is down 1%, trading at $2,625, according to data from CoinGecko.
U.S. spot Bitcoin ETFs continue to show strength, marking their fourth consecutive day of net inflows. On September 24, these ETFs saw a total net inflow of $136 million, with BlackRock's iShares Bitcoin Trust (IBIT) leading the pack with $98.8 million in deposits. Ethereum spot ETFs also performed well, with a total net inflow of $62.5 million, primarily driven by BlackRock's ETHA at $59.2 million, according to data from SoSo Value. 0 reply
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