Bitcoin ETFs Flipped From $5.8 Billion in Outflows to $800 Million in Inflows. Is Now the Time to Buy Bitcoin?
Bitcoin prices now hover just above $80,000.
Overview
It has been a rollercoaster year for Bitcoin (CRYPTO:BTC).
In January, prices topped out at nearly $100,000. This summer, Bitcoin prices fell below $60,000. After a flood of fund inflows, however, Bitcoin prices are back above $80,000 for the first time since January.
Details
Large net inflows into Bitcoin ETFs have largely been credited with the recent price surge.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.