Markets· ★★★★· bullish·

Bitcoin gains 3.86% on the week to hit 8-month high

  • —BTC added 3.86% over the week, briefly trading above $87,000
  • —Spot bitcoin ETFs took in $2.25bn, with $1.06bn going to BlackRock's IBIT
  • —Ethereum rose 2.53%; ETH ETFs drew $602.94m, $275.8m into ETHA
  • —Litecoin topped $70 for the first time in eight months, up 21.13% on the week
Why it matters: A third straight monthly gain for BTC and record ETF inflows point to returning institutional capital, though overbought RSI and a growing ETH validator exit queue flag correction risk.
Source: BitNovosti