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Deepcoin reports Bitcoin tops $80,000 with spot ETF inflows hitting yearly high
Deepcoin reported that Bitcoin surpassed $80,000 for the first time since May, with the cryptocurrency increasing over 20% in the past week and spot Bitcoin ETFs seeing $1.92 billion in net inflows.
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According to Deepcoin, Bitcoin has risen above $80,000 for the first time since May, experiencing a price increase of more than 20% within a single week. The broker also noted that spot Bitcoin ETFs recorded $1.92 billion in net inflows during the same period, marking the highest weekly inflow since October of the previous year. No additional details regarding the implications of these trends or further market analysis were provided in the post.
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Deepcoin, established in 2018, is a cryptocurrency trading platform offering futures, perpetual contracts, and spot trading. The broker provides high liquidity through partnerships with liquidity providers, supports fast trade execution, and offers educational resources for traders. For more information, visit the broker profile on Traders Union.
For additional context, the previous Deepcoin update highlighted Bitcoin surpassing $80,000 and the broker's partnership with the Argentina National Team. You can read more in the previous Deepcoin update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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