Bitcoin Nears $80,000 as ETF Inflows and Whale Buying Test Breakout

Bitcoin traded around $78,400 on Thursday after reaching an intraday high near $79,426 on Wednesday, leaving traders focused on whether the market can clear $80,000. SoSoValue data showed spot bitcoin ETFs took in more than $11.8 million on April 21 for a sixth straight inflow day, while analysts said whale accumulation is supporting the move.

BTC-1.54%
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