Bitcoin price back above $70k as ETF inflows fuel push toward a new ATH

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The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

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There are now a total of 11 spot Bitcoin ETFs trading on the U.S. market, and they collectively hold $57.5 billion in assets under management, according to While last week’s pullback below $61,000 had many predicting an even further slide into the low $50,000 range, Bitcoin has since crept steadily higher with little notice from the news media.“Now, #Bitcoin is just 4% away from making a fresh all-time high,” they said. “Since October 2023, crypto markets have added $1.7 TRILLION in market cap. That's an average of $340 billion PER MONTH for 5 straight months. Crypto is back.

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