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Bitcoin tops $66,000 as crypto ETFs see outflows but market matures, signaling a new 'crypto winter' phase.
Bitcoin surged past $66,000 while Ethereum and Solana also gained, driven by easing geopolitical tensions and renewed risk appetite. Despite about $3 billion in outflows from Bitcoin ETFs, experts say this reflects market maturation rather than declining interest. The current 'crypto winter' is seen as a pause for investors to decide when to re-enter, not a question of crypto's future. Adoption of Bitcoin ETFs remains early, with growing institutional interest and a shift toward utility and real-world applications in crypto investing.
Bitcoin surged past $66,000 while Ethereum and Solana also gained, driven by easing geopolitical tensions and renewed risk appetite. Despite about $3 billion in outflows from Bitcoin ETFs, experts say this reflects market maturation rather than declining interest. The current 'crypto winter' is seen as a pause for investors to decide when to re-enter, not a question of crypto's future. Adoption of Bitcoin ETFs remains early, with growing institutional interest and a shift toward utility and real-world applications in crypto investing.
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