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Bitcoin ETFs just flashed a $2.3bn signal that the price is about to surge
Yahoo Financeยท 2025-09-15 10:16
Group 1 - Expectations of a rally in the crypto market are building ahead of a significant Federal Reserve announcement on September 17, with an interest rate cut anticipated, which could boost risk assets like crypto [1] - Bitcoin has experienced a decline of nearly 8% from its high of $124,128 in August, but analysts believe this is not the peak of the current cycle, citing factors such as falling rates and strong institutional positioning [2] - Recent data shows a strong demand for Bitcoin, with $2.3 billion invested in US spot Bitcoin exchange-traded funds over the past five days, indicating bullish sentiment among traders [3] Group 2 - Predictions for Bitcoin's price include estimates of $140,000 by year-end, with a conservative cycle top of $200,000 and a potential high of $250,000 if institutional flows continue [4] - Coinbase CEO Brian Armstrong has made a bold prediction of Bitcoin reaching $1 million by 2030, a sentiment echoed by Eric Trump [5] - Current market performance shows Bitcoin trading at $115,100, down 0.8% in the last 24 hours, while Ethereum is trading at $4,520, down 3.2% [7]