Optimism that briefly sent Bitcoin above $80,600 overnight evaporated as news broke of Iranian missiles targeting a US Navy vessel near the Strait of Hormuz.
Last week, US spot Bitcoin ETFs recorded about $163 million in net inflows, per Farside Investors. Friday alone brought in approximately $630 million, making up for sizable outflows earlier in the week.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
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