Bitcoin returns to $74K amid spot ETF interest and BTC miner selling pressure

Historical Trends Since 2017 Indicate Bitcoin Price Drop to $35,000

Key Points Even with strong ETF inflows, Bitcoin continues to closely follow the S&P 500 and shows sensitivity to global economic trends. Current Bitcoin futures premiums and miner selling behavior indicate that the bear market is still in effect, despite Bitcoin trading above $74,000. On Monday, Bitcoin (BTC) bounced back to the $74,000 mark as […]