CandleFocus

Bitcoin ETF Inflows Shoot $755M On Core CPI Drop, BTC To Hit New ATH?

The drop in the core CPI for December has caused a rally in global equity and crypto markets, leading to positive flows for Spot Bitcoin ETFs. On Wednesday, net inflows into BTC ETF reached $755 million, with Fidelity's FBTC leading with $463 million in inflows. Additionally, the BTC price surpassed $100K after a strong performance in the S&P 500.

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