Bitcoin breaks above 200-day moving average for first time since November
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US spot Bitcoin ETFs recorded more than $1.7 billion in net inflows over two days as Bitcoin rose above investors’ estimated average cost basis.
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The funds pulled in more on Monday than across the whole of last week, when they posted the weakest net inflow of their history.
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Bitcoin ETFs added $66 million Tuesday, matching August's nine-day run and topping it in dollars. How long will the streak stay alive?