Bitcoin hits 1-year high but signals potential correction.
TL;DR Summary
Bitcoin has dropped 3% from its one-year high of $31,300, currently trading at $30,300. The recent rally was triggered by BlackRock's filing to launch a spot bitcoin ETF, leading to speculation of further institutional investment. NEAR Protocol's NEAR token is up 10% after announcing a partnership with Alibaba Cloud. ProShares' Bitcoin Strategy ETF recorded its highest weekly inflow in over a year, with investors pouring $65 million into the fund. Belgium's regulator has ordered Binance to cease serving local customers due to violations of a prohibition.
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- This Analyst Predicts Bitcoin Will Hit $34,000 Following A Breakout | Bitcoinist.com Bitcoinist
- Bitcoin Price Signals Downside Correction Before Fresh Increase NewsBTC
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