LATEST: Bitcoin logs its second-best weekly rally since February 2021, jumping 23.6% from $62K to $79.5K as ETF inflows hit $1.92B
AI Market Summary
Bitcoin recorded a 23.6% weekly surge, cited as its second-best gain since February 2021, alongside $1.92B of ETF inflows—the strongest week since October's prior all-time high, per Glassnode. The combination of outsized returns and heavy ETF demand signals strong institutional participation and improving liquidity, which can tighten supply and raise near-term volatility across BTC-linked derivatives and broader crypto risk sentiment.
Impact level
● High
Affected assets
BTC/USDT+1.21%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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LATEST: Bitcoin ($BTC) posted its second-strongest weekly gain since February 2021, rising 23.6% from $62,000 to $79,500. Glassnode reported $1.92 billion in net ETF inflows over the week, the biggest since October's all-time-high period.