On Thursday, Bitcoin demonstrated an impressive 13.34% increase, which extended to Friday as BTC surged from $55,000 to the $62,400 price line.
Michael Saylor, the CEO of MicroStrategy, has commented on Bitcoin's recent price increase with a cryptic tweet that appears to reference the future of the world's leading cryptocurrency.
On Thursday, Bitcoin demonstrated an impressive 13.34% increase, which extended to Friday as BTC surged from $55,000 to the $62,400 price line. This comes after a tumultuous week that saw Bitcoin crash by 25% following a plunge in the Japanese stock market. The downturn impacted stock markets across the globe, including the U.S., and pushed BTC down heavily, leading to a massive crash in altcoins as well.
As Bitcoin rose to $60,000, spot ETFs saw large inflows, with 10 exchange-traded funds seeing a net inflow of 4,698 BTC, valued at $283.87 million. Of those, the largest inflows were welcomed by BlackRock’s IBIT with 2,641 BTC valued at $159.57 million. Currently, this spot Bitcoin ETF holds 347,608 BTC in total, which amounts to a staggering $21 billion.
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