Bitcoin Selling Pressure Weakens as U.S. Spot ETFs Draw in $506M

Bitcoin extended its rally Thursday as on-chain data showed easing selling pressure and U.S. spot ETFs recorded their largest inflow day in nearly three weeks. The leading cryptocurrency climbed 4.4% over the past 24 hours to around $68,300, according to CoinGecko data. The move extends Wednesday's pre-Nvidia earnings-driven rally in tech stocks, which also influenced Bitcoin, Decrypt previously reported. NVIDIA's blockbuster earnings report on Wednesday gave this uptrend a tailwind, pushing the entire c ...