Bitcoin (CRYPTO: BTC) has moved higher and moved above the crucial resistance level of $65,000 as American investors continued their accumulation.
BTC has risen from this month’s low of $62,148.
Bitcoin ETF Inflows Despite CLARITY Act Setback American investors continued buying Bitcoin ETFs, a sign that they expect the price will continue doing well in the near term.
Spot Bitcoin ETFs recorded more than $98 million in inflows on Friday, bringing their total weekly inflows to $857 million.
The strong buying marked a sharp reversal from the previous week, when the funds saw more than $61 million in outflows.
