Bitcoin Breaks $66,000: ETF Inflows and Halving Hype Fuel the Rally

Bitcoin$BTC has once again taken center stage in the crypto market as it surged past the $66,000 mark. This rally is largely driven by strong inflows into spot Bitcoin ETFs, signaling growing institutional interest and confidence in the asset.

Adding to the momentum is the aftermath of the April 2024 Bitcoin halving. Historically, Bitcoin$BTC halvings have preceded significant price increases — and investors seem to be betting on a similar pattern this time.

Market analysts suggest that if this trend continues, Bitcoin could be on track to retest its all-time high in the coming weeks.

Key Highlights:

BTC$BTC

crosses $66,000

Strong institutional inflows via spot ETFs

Post-halving optimism drives sentiment

Analysts eye a possible new ATH

Disclaimer: This article is for informational purposes only and does not constitute financial advice.