🚀 Bitcoin Surges Above $72K as ETF Inflows Hit Record High
June 2, 2025 — by CryptoFrontline
Bitcoin (BTC) has blasted past the $72,000 mark today, marking its highest level since April and igniting fresh optimism across the crypto markets. The rally comes amid a surge in institutional inflows into Bitcoin exchange-traded funds (ETFs), setting a new weekly record.
📈 ETF Mania Fuels Momentum
According to data from Glassnode and Bloomberg, U.S.-based spot Bitcoin ETFs recorded over $2.1 billion in net inflows last week, the highest since their approval in January. Analysts say the renewed interest is due to favorable macroeconomic data and expectations that the Federal Reserve may begin cutting rates as early as September.
BlackRock’s iShares Bitcoin Trust (IBIT) led the charge, accounting for nearly half of all new inflows. Fidelity, Ark Invest, and Grayscale also saw increased investor appetite.
> “Institutional demand is heating up again, signaling a possible new leg of the bull market,” said crypto analyst Katie Talbot from CoinMetrics.
🏦 Global Markets React
Traditional markets showed signs of risk appetite as well, with the NASDAQ rising 1.4% and gold trading flat. This suggests investors are rotating some capital into Bitcoin as a hedge against inflation and central bank policy shifts.
Meanwhile, El Salvador’s government announced plans to expand its Bitcoin mining operations using volcanic energy, adding further bullish sentiment to the mix.
📊 What’s Next?
Technical analysts are eyeing $75,000 as the next resistance level. On-chain metrics like active addresses and transaction volumes are also trending upward.
However, market watchers urge caution.
> “While momentum is strong, volatility remains high. Traders should watch for pullbacks and fakeouts,” warned Michaël van de Poppe, a prominent Dutch crypto trader.
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📍Quick Stats
Current Price: $72,280 (+3.7%)
Market Cap: $1.43 trillion
24h Volume: $47.9 billion
BTC Dominance: 52.3%
Stay tuned for more as the crypto bull run gains traction! 🟢
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