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07/12 17:01

Bitcoin – How $1.18B ETF Inflow Could Push BTC Pri

Bitcoin – How $1.18B ETF Inflow Could Push BTC Price Higher

The pressure from miners increased slightly as BTC hit a new all-time high (ATH).

On July 10, US BTC spot ETFs recorded their second-largest daily inflow of $1.2B. Traders had been forecasting a sustained rally in BTC to $120K and $130K, but miners began to rally.

Bitcoin [BTC] hits a new all-time high (ATH) of $118K amid strong ETF inflows and demand from treasury firms.

 On July 10, US spot ETFs attracted $1.18 billion in daily inflows, bringing monthly demand to $2.3 billion. In fact, it was the second-largest daily inflow since the product debuted in January 2024.

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