Bitcoin Witnesses Record Capital Inflows as Short-Term Whales Reap Profits

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Bitcoin enthusiasts appear to be shrugging off last week’s outflows from US exchange-traded funds, with the largest cryptocurrency climbing back above $70,000 again. Meanwhile, other cryptocurrencies saw a surge in their price, with Bitcoin gaining as much as 11.1% to $71,016. Unprecedented Capital Inflows Bitcoin, the world’s leading cryptocurrency, is currently experiencing a surge in …