Bitcoin ETFs Surge Over $1B in Weekly Inflows, Sparking FOMO Rally Expectations

Bitcoin exchange-traded funds (ETFs) saw weekly inflows surpass $1 billion for the first time since July, reaching $1.11 billion. Analysts anticipate a FOMO-driven rally, with Bitcoin breaking a key resistance at $65,000. This could propel the cryptocurrency towards new all-time highs by the end of 2024. Factors like stablecoin minting and China's economic measures are seen as key drivers of the bullish momentum. Analysts expect Bitcoin to retest $70,000 soon, with further gains likely in Q4, driven by investor optimism and liquidity. Show Less

https://crypto.news/bitcoin-etfs-hit-1b-weekly-inflows-fomo-driven-rally/
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