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الاقتصادية
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Bitcoin weekly inflows reach 10-month high
Bitcoin trading funds experienced a significant increase in weekly inflows, recording the largest inflows in ten months, as the original cryptocurrency rose by 23% over the past week—its biggest weekly gain in over three years. The BlackRock’s iShares Bitcoin Trust fund attracted $1.3 billion in inflows, despite approximately $2.9 billion being withdrawn from such funds since the beginning of the year. This recent rise is attributed to support from the US plan to increase long-term bond buybacks, as well as automatic short-selling traders triggered by the surge in prices. This indicates growing investor interest, with the potential for momentum to continue, although some analysts expect profit-taking or a correction once the market achieves some balance.
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