Bitcoin ETF Demand Reaches 6-Month High, BTC Stalls Below $70,000

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Bitcoin’s price has remained below the $70,000 mark despite the surge in spot ETFs. Despite this, the cryptocurrency has reached a six-month high due to significant demand in recent weeks.

The value of Bitcoin has not yet crossed the $70,000 threshold, even with the proliferation of spot ETFs. However, it has achieved a peak not seen in the past six months, driven by a notable increase in demand over the last month.

Despite the rise in spot ETFs, Bitcoin has not managed to surpass the $70,000 milestone. Nevertheless, the cryptocurrency has hit a six-month peak propelled by a surge in demand in recent weeks.

Bitcoin continues to hover below the $70,000 level, despite the proliferation of spot ETFs. However, the digital currency has reached a six-month high as a result of heightened demand in the past month.