Bitcoin ETFs record $102M inflows – Why $85K matters for BTC now

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Bitcoin ETFs recorded $102 million in net inflows on October 2, a significant reversal from the -$148 million recorded in the previous session. BlackRock IBIT led the way with $195 million in inflows, followed by Grayscale GBTC with $14 million and Morgan Stanley MSBT with $7 million. Bitcoin climbed 3% to reach a weekly high of $86,912, then retraced to $86,272. The $85,000 level has become crucial for the cryptocurrency, which could target $88,000 and then $90,000 if ETF flows remain sustained.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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