Bitcoin Sees Renewed ETF-Driven Price Rally

Bitcoin extended a rally Thursday as U.S. spot ETFs recorded $506 million of inflows on Wednesday—the largest daily inflow since Feb. 2—and the cryptocurrency rose 4.4% to about $68,300. On-chain indicators, including a Coinbase premium flip to 0.05 and a roughly 25% drop in outflows, suggest easing selling pressure while analysts remain divided on a confirmed trend reversal.