Bitcoin is nearing the $80,000 mark, driven by a combination of short covering and significant institutional buying. Strong ETF inflows and aggressive purchasing by Strategy Inc. are fueling the recovery.
- BTC nearing $80,000 for the first time since January
- $2 billion added to Bitcoin ETFs in the last 30 days
- Strategy Inc. acquired $3.9 billion in BTC this month
- March marked the first positive net ETF flows in four months
- Rally driven by short covering and institutional accumulation
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