Bitcoin has also given up some of its early Monday bounce, returning down to the $64,000 level.

Bitcoin remained the focus of investors seeing $2.8 billion worth of inflows.

Bitcoin rose to a record high on Monday, fuelled by continued positive momentum of spot bitcoin ETFs.

The second-largest cryptocurrency last surpassed that level in December 2021.

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The cryptocurrency last traded above $45,000 on Jan 11.

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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An earlier-than-expected spot bitcoin ETF in the U.S. could be the catalyst, said the bank.

Bitcoin [BTC] has risen above $38,000 for the first time since May 2022 after battling this level for the past two weeks.

It's been a bit more than two years since the country made bitcoin legal tender there.

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.