Bitcoin Surges Above $58,000 Amid Bullish Market Sentiment and Strong ETF Inflows

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10 months ago bitnews

Bitcoin has reclaimed its footing above $58,000 following a week of volatile trading driven by various factors. The cryptocurrency fluctuated significantly, reaching highs of over $59,000 before dipping to around $54,339 earlier in the week. An encouraging CPI report on Thursday influenced Bitcoin to end the week strong, with a gain of 2.15% in the