Cryptocurrencies are experiencing one of the best weekends as ETF interest revives. Bitcoin (BTC) reached $68,700.

Bitcoin ETF Data

Today's analysis by Daan Crypto Trades highlighted rising ETF demand. Last week saw significant cash inflows, with over half a billion dollars on Monday. The total inflow over five days reached $2.129 billion, accounting for about 10% of all ETF inflows to date. The increasing risk appetite among institutional investors is likely driven by strong performance in the last quarter.

Bitcoin Predictions

Crypto Faibik in the latest analysis, stated that Bitcoin’s journey towards $88,000 has begun. With a bullish flag breakout on the three-day chart, more closes above key levels are expected. At the time of writing, BTC’s price was above this level.

Cryptocurrency Market Analysis

By the end of the article, BTC had reached $68,765. With expected macroeconomic calm over the following week, a quick move to $70,000 is possible. However, weak volume casts doubt on this scenario.

The growing interest in ETFs continues to have a positive impact on Bitcoin's price. However, volatility and trading volume remain critical factors for future developments.