Bitcoin price rallies as BlackRock drives fresh inflows
#Bitcoin (
#BTC -
#USD ) extended its recent gains on Thursday, rising roughly 1.4% over the past 24 hours and 6.7% on the week to trade near $96,500 (£71,796). The move follows a period of unusually tight trading between $88,000 and $91,000 to start the year, and coincides with renewed inflows into US
#Spot #crypto exchange-traded funds (ETFs).
The breadth of inflows suggests institutional demand for major tokens is firming after early-year volatility, with #ETF activity providing a potential price floor as long as macro conditions remain stable.