All of these factors have contributed to a positive outlook for cryptocurrencies in the coming days.
With a bullish chart indicating possible gains of up to $130K, the future looks promising for Bitcoin.
In addition, the US Presidential Election could offer further support to the market sentiment, given crypto’s growing influence in politics. This also led to a significant jump in the BTC price to nearly $69K.
The US Spot Bitcoin ETF experienced a sizable weekly inflow of over $2 billion, drawing Wall Street investors’ attention and boosting broader market sentiment.
