Bitcoin traders are targeting the $70,000 mark again after a recent decline. Funds are flowing into U.S. exchange-traded funds (ETFs), with CoinShares reporting inflows of $910 million last week, bringing the year-to-date total to $27 billion. Ethereum, the second largest digital asset, saw an outflow of $35 million.
Options traders expect Bitcoin to reach a new record high of $80,000 by the end of November, regardless of the U.S. election outcome.
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<p>The post Bitcoin Traders Target 70000 Mark Amid Rising ETF Inflows first appeared on CoinBuzzFeed.</p>
