Bitcoin hits new highs in the absence of ‘unhealthy’ leverage use — Will the rally continue?
Bitcoin’s rally looks sustainable thanks to $1.37 billion in spot ETF inflows and marginal BTC futures liquidations.
Key takeaways:
Spot Bitcoin ETF inflows and low leverage suggest the BTC rally has room to grow.
US Federal Reserve liquidity and weak bond sales support a Bitcoin push beyond $110,000.
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