Bitcoin Hits Eight-Month High of $87,400 Amid Strong ETF Inflows
Bitcoin reached a new eight-month peak of $87,400 on Monday, recovering from recent macro pressures including US Federal Reserve rate hikes and geopolitical tensions. Data from SoSoValue indicates that spot Bitcoin ETFs recorded $998.95 million in inflows on Monday, marking the strongest performance in nearly a year.
Summaries are written by AI from the original article. Not investment advice.