Bitcoin funds see over billion dollar inflow

Bitcoin prices surged significantly, surpassing $70,000 for the first time in over two months, supported by the U.S. Department of the Treasury's intervention to control bond yields and a meeting between Trump and digital currency industry leaders. Additionally, Bitcoin exchange-traded funds (ETFs) saw inflows exceeding $1 billion this week, as major investors and institutions return to the market, adding approximately $2.75 billion to their investments over the past 60 days. Experts believe that declining bond yields and a weakening dollar are boosting the rise of high-risk assets like Bitcoin, with expectations of continued upward movement if these factors persist.

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