Weekly Recap: Bitcoin Hits $87,000 as ETF Inflows and Rate Hopes Lift Crypto Markets

TLDR Bitcoin traded near $84,500 this week as expectations for further Federal Reserve rate hikes eased. U.S. spot Bitcoin ETFs attracted around $2.4 billion during the previous full trading week. Citigroup raised its 12-month Bitcoin target to $113,000 and its Ethereum forecast to $3,028. U.S. regulators proposed a new framework for crypto custody by investment […] The post Weekly Recap: Bitcoin Hits $87,000 as ETF Inflows and Rate Hopes Lift Crypto Markets appeared first on CoinCentral…
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