Bitcoin Price Today: BTC Holds $70,000 as ETF Inflows Clash With Oil Shock
Bitcoin held above $70,000 on Thursday, last trading at $70,323, down 0.7% after touching $69,240. U.S.-listed spot bitcoin ETFs took in $115.2 million Wednesday, with BlackRock’s IBIT accounting for most inflows. Brent crude briefly topped $101, and Wall Street fell amid Middle East tensions. Economists expect the first Fed rate cut in June, but futures markets now point to September.