Bitcoin Hits $120,000 Amid ETF Surge
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Bitcoin’s price climbed to $120,000 for the first time in six weeks as ETF inflows gained momentum. With four consecutive days of positive net inflows, the US spot Bitcoin ETF market is showing signs of recovery. Fidelity’s FBTC and Bitwise funds also contributed to the surge, reflecting growing institutional and retail demand.
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Great to see ETH catching up with BTC in ETF activity. Confidence in Ethereum’s long-term value is clearly growing.
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Strong inflows show investors trust ETH fundamentals. The ecosystem is maturing rapidly.