Bitcoin Rises to Five-Month High on $417 Million Spot ETF Inflows

10/29 15:17

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Bitcoin has reached a five-month high, with a 4.3% increase in the last 24 hours. The rise is attributed to $417 million in spot ETF inflows on Monday. Despite recent big run-ups in most crypto-related stocks, gains today have been tepid. Bitcoin's rise to multi-month highs near $72,000 is providing only a modest boost to most crypto-related stocks during U.S. morning trading hours on Tuesday.

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