14 Hrs
Source:
الاقتصادية
Bitcoin increases 3% above 80K
Bitcoin's value rose by over 3% to surpass the $80,000 mark, driven by a recovery in institutional investment flows and a renewed investor appetite for high-risk assets. Covering short positions contributed to the liquidation of bearish holdings exceeding $4 billion, while net flows of $1.92 billion last week highlighted increased demand from exchange-traded funds (ETFs), supporting the prospects of a continued upward trend. Despite the strength of the current wave, investors remain cautious about whether this marks the beginning of a new bullish phase or is merely a temporary rebound, especially given the absence of purchases from the largest institutional Bitcoin holder for the past two weeks.
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