Bitcoin Approaches Record High with 70% Increase in Daily Trading Volume

On Thursday and Friday, Bitcoin ETFs consecutively saw more than $200 million in net inflows. Market sentiment is also highly positive, as the fourth halving is approaching later this month. The token’s latest halving saw its value surge by 10%, as BCH increased nearly 60% in March. Traders and analysts expect a similar impact on BTC after its upcoming halving.

The largest cryptocurrency reached its previous all-time high a month ago, hitting $73,737. If the market sentiment prevails, BTC can create a new peak this month.