MarketPR
$BTC is in focus after Bitcoin briefly cleared $81,000, with renewed inflows into spot bitcoin ETFs providing the throughput that pushed the recent crypto rally to a new level.
Risk appetite has been improving alongside the move, which tends to be the environment where ETF flow and price momentum arrive in the same direction at the same time. The print at $81,000 was brief.
That detail is worth holding: brief touches at a level and clean breaks above it are different conversations.
What produced the move is the combination of fresh ETF inflows and a market that has been broadly more receptive to risk.
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