Bitcoin (BTC) briefly crossed $105,450 before declining to $101,400 on Monday as CoinShares’ report revealed that Bitcoin exchange-traded funds (ETFs) recorded $867 million in net inflows last week. Meanwhile, Strategy increased its Bitcoin holdings after purchasing 13,390 BTC for $1.3 billion last week.
Cryptocurrency markets consolidated near the $3.5 trillion market cap, down by a mild 0.7%, at press time on Monday.
Over the past two weeks, Bitcoin (BTC) has significantly outperformed gold (XAU), and the bullish trend could intensify further.
