Bitcoin has broken through the $70,000 mark once again

As the digital asset market continues to develop,What does foreign exchange flow dealer do? What are the foreign exchange traffic merchants? What is the relationship between foreign exchange traffic merchants and platforms? What is the relationship between foreign exchange traffic merchants and banks? Foreign exchange distributors What is a foreign exchange distributor? Is it true that foreign exchange loopholes can be arbitraged 3 to 5 times? Details of the foreign exchange loophole arbitrage scam Foreign exchange forum Foreign exchange trading Foreign exchange trading income Which platform is used for foreign exchange trading? Foreign exchange trading automatic trading software Free foreign exchange trading platform Foreign exchange simulation app Foreign exchange simulation account Which foreign exchange dealer is good? Which foreign exchange platform is good? Which foreign exchange platform is easy to use? Which foreign exchange platform is the most reliable? Top ten foreign exchange trading platforms Foreign exchange rankings Foreign exchange rates Foreign exchange rates Foreign exchange rates today What are the signs of foreign exchange running away? Foreign exchange training Foreign exchange training scam Foreign exchange scam has been making normal profits for 5 years Foreign exchange scam routine process Why does the foreign exchange scam return money every month? Foreign exchange scam has not collapsed for five years How long does it usually take for a foreign exchange scam to collapse? Foreign exchange bills Foreign exchange platform Foreign exchange platform 5 0 top investors remain optimistic about its long-term prospects. According to recent reports, despite significant outflows from U.S. Exchange-Traded Funds (ETFs) last week, Bitcoin and other digital assets are still on the rise. Bitcoin briefly surpassed the $70,000 mark for the first time in over a week.

In Monday's trading, Bitcoin's price increased by 5.8%, reaching $70,014. At the same time, Ethereum rose by about 5%, while Solana and Dogecoin both saw increases of over 4%.

Last week, ETFs experienced nearly $900 million in withdrawals, reflecting continuous outflows from the Grayscale Bitcoin Trust and a slowdown in subscriptions for ETFs from BlackRock and Fidelity Investments. This performance marked one of the worst for these ten funds since the beginning of the year.

Despite the drag on ETF inflows, there has been a substantial amount of buying in the market, particularly concentrated around the $60,000 region. As the co-founder of the digital asset hedge fund INDIGO Fund stated, "This indicates the market's eagerness to buy on dips. You need to secure liquidity at lower levels to facilitate subsequent growth and generate upward momentum."

Bitcoin's avid followers seem unphased by the ETF outflows, with the market still demonstrating strong purchasing power.

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