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Bitcoin Edges Higher; Easing ETF Outflows Keep Trading Range-Bound — Market Talk
By Exbasi Intelligence
Sourced from Dow Jones Newswires
Bitcoin edges higher in early Asian trading. ETF flows appear to be turning a corner as outflows have subsided, keeping the cryptocurrency between $63,000 and $65,000, Apollo Crypto portfolio manager Pratik Kala says. Traders are watching for a breakout above $67,000, with the proposed U.S. Clarity Act, a cryptocurrency regulation bill, seen as a key catalyst in the coming weeks, he adds. Bitcoin is last up 0.1% at $66,443.78. ([email protected])