Bitcoin ETFs Attract $801.87 Million in Late February as BTC Trades Near $68,198
Bitcoin traded in a tight range on Monday as it hovered around $68,198, while analysts assessed nearly $801.87 million of inflows into Bitcoin exchange-traded funds in the final week of February. Several on-chain and market analysts pointed to parallels with previous cycles, key support levels around $66,000 to $64,000, and contrasting liquidation data at $80,000 and $57,000. These developments have fueled debate over whether Bitcoin will see a short-term correction before any sustained rebound.