Bitcoin ETFs consecutively saw more than $200 million in net inflows on Thursday and Friday. Additionally, market sentiment is highly positive as the fourth halving approaches later this month.
The token’s latest halving resulted in a 10% surge in value, while BCH experienced a nearly 60% increase in March. Traders and analysts anticipate a similar impact on BTC following its upcoming halving.
Just a month ago, the largest cryptocurrency reached its previous all-time high, soaring to $73,737. If market sentiment continues to prevail, BTC has the potential to establish a new peak this month.
